5 bedroom semi-detached house for sale

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5 bedroom semi-detached house for sale

Hollyshaw Lane, Leeds LS15
£425,000

Our Summary

  • ***ready made investment opportunity*** Stoneacre Properties are delighted to offer this rare opportunity to purchase a HMO in Leeds generating £35,580 rent pa & gross yield of approximately 10% when including washer and dryer payments

Description

Stoneacre Properties presents a rare investment opportunity in Leeds, offering a fully licensed HMO property generating £35,580 in rent per annum with a gross yield of approximately 10% when including washer and dryer payments. The property, located in a sought-after area with easy access to amenities, consists of five bedrooms, three with kitchenettes, one with an ensuite, and shared use of three shower rooms, a kitchen, and lounge. The property also features a driveway and yard, with overflow parking to the rear. The current rental income is £2,965 per month, with tenants paying for electricity via card meters and the vendor paying £1,545 per annum for council tax and water. This property offers a lucrative investment opportunity for those looking to generate passive income.