6 bedroom character property for sale

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6 bedroom character property for sale

The Crescent, Leeds
£525,000

Our Summary

  • The property must be of interest to experienced investors as the property must offer potential to generate a total income of circa £50,000 p/a

Description

This substantial five-storey period terrace on Hyde Park Corner is a prominent location in a leafy conservation area, offering a rare opportunity for an experienced investor. The property consists of a vacant six-bedroom HMO and two commercial units, let at a total rent of £17,500 per annum. The HMO is accessed from the rear and comprises six bedrooms, a lounge, kitchen, bathroom, and shower room, with a yard to the rear. The commercial units are let until 2028 and 2027, respectively, and the property offers potential to generate a total income of circa £50,000 per annum. The property is being sold with the freehold, with the commercial premises unaffected by the sale, and the seller has a HMO Licence until 2027.