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6 bedroom terraced house for sale
Lady Pit Lane, Leeds, West Yorkshire, LS11
£215,000
Lady Pit Lane, Leeds, West Yorkshire, LS11
£215,000
Our Summary
- Currently producing a gross annual income of £25,260, this is a turnkey investment offering immediate income and long-term growth potential
- Potential for Rent Uplift - With strategic upgrades (e
Description
This exceptional 6-bedroom House in Multiple Occupation (HMO) in Leeds' strong rental area is a turnkey investment opportunity, producing a gross annual income of £25,260 and offering long-term growth potential. The property features two communal bathrooms and an en-suite bedroom, providing attractive and versatile accommodation for tenants. With a fully fitted communal kitchen and living area, this HMO is fully licensed and compliant with Leeds City Council regulations, ensuring a steady income stream. The current monthly outgoings total £481.33, resulting in a net annual income of £19,484.04 and a net yield of 9.1%. The property benefits from consistent tenant demand and low void periods, making it an attractive investment opportunity in a prime location. With potential for rent uplift through strategic upgrades, this HMO offers a strong potential for returns and is an excellent addition to any investment portfolio.