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Winfield Terrace, Leeds 4 bed terraced house for sale
Winfield Terrace, Leeds
£300,000
Winfield Terrace, Leeds
£300,000
Our Summary
- The property is currently let until 31st August 2025 to three people at £16,167 p/a including broadband and water, but has potential to increase rents letting to four people to over £21,000 p/a
- There is also an extensive basement offering excellent potential to convert into additional living accommodation, possibly creating a six bedroomed property, subject to relevant consents and HMO Licencing requirements
- On the top floor there are two further bedrooms, each with a dormer window and sufficient space to create a 'Jack & Jill' shower room and w/c, again subject to relevant consents
- Internal viewing essential to appreciate the full potential of this well located property
Description
This spacious four-bedroomed end-terrace property is located in a prime area, just a short walk from the main universities and Leeds city centre, making it an ideal investment opportunity or a great choice for parents buying for their university-aged children. The property is currently let until August 2025, generating a significant annual income, and has potential to increase rents by letting to four people. The property also features an extensive basement with excellent potential to convert into additional living accommodation, possibly creating a six-bedroomed property, subject to relevant consents and HMO licencing requirements. With a lounge and dining kitchen on the ground floor, two first-floor bedrooms, a shower room and separate w/c, and two further bedrooms on the top floor, this property offers plenty of space and potential for renovation. Internal viewing is essential to appreciate the full potential of this well-located property.