Winfield Terrace, Leeds 4 bed terraced house for sale

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Winfield Terrace, Leeds 4 bed terraced house for sale

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
  • Lots of potential to improve/develop

Description

This spacious four-bedroomed end-terrace property is situated in a prime location, just a short walk from the main universities and Leeds city centre, making it an ideal investment opportunity or perfect for parents buying for their son or daughter at university. The property is currently let until 2025, generating a rental income of £16,167 per annum, with potential to increase rents to over £21,000 per annum by letting to four people. The property also has an extensive basement with potential to convert into additional living accommodation, possibly creating a six-bedroomed property, subject to relevant consents and HMO licensing requirements. The accommodation features a lounge and dining kitchen on the ground floor, two first-floor bedrooms, a shower room, and a separate w/c, with two further bedrooms and potential for a 'Jack & Jill' shower room and w/c on the top floor. With on-street parking available on a residents' permit basis, this property offers a lot of potential for the right buyer.