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Nowell Mount, Leeds 5 bed terraced house for sale
Nowell Mount, Leeds LS9
£135,000
Nowell Mount, Leeds LS9
£135,000
Our Summary
- 33%, with strong potential to increase returns upon full occupancy (pending HMO licence renewal)
- Key Features:•Five double bedrooms, each with a private ensuite bathroom•Set over four floors•Front and rear patio areas•On-street parking available•Popular rental location•Strong investment potential with excellent yield prospectsThis property represents a fantastic opportunity for investors seeking a high-yielding rental in a desirable area
- With scope to enhance income once fully occupied, it offers both immediate returns and long-term potential
- Potential to increase income at full occupancy (pending HMO renewal)
Description
This five-bedroom, five-ensuite mid-terrace house is a lucrative investment opportunity, generating an annual rental income of £15,308 and yielding 11.33%. The property, located in a popular rental area, is currently occupied by three tenants, with two on monthly rolling contracts and one on a fixed term until December 2025. The property offers excellent potential for increasing returns upon full occupancy, pending HMO licence renewal. With its five double bedrooms, each with a private ensuite bathroom, front and rear patio areas, and on-street parking, this property represents a fantastic opportunity for investors seeking a high-yielding rental in a desirable area.