Sponsored Get a Survey — free quotes via ReallyMoving
5 bed end of terrace house
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Price History
Our Summary
- Attractive Investment Opportunity
- Five bedroom HMO Investment Property in Leeds with current annual rent of £25,920 and potential to increase these returns
- Investment Potential: This provides an attractive opportunity for investors looking to generate passive income using above average rental yields and potential capital appreciation
- We are advised by the current management firm that surrounding properties and growth rates suggest a potential to increase the gross profit margin to £22,600 within the next 3-5 years
Get alerted when similar properties are listed — Subscribe
Description
This five-bedroom HMO investment property in Leeds offers a lucrative opportunity for investors, with a current annual rent of £25,920 and potential to increase returns. The property, located in the popular Bramley and Stanningley area, boasts 1238 sq. ft. of living space, including four light and spacious bedrooms, two modern bathrooms, and a living room, kitchen, and utility. With a 100% occupancy rate over the last three years, the property is highly sought after by professional tenants, offering a reliable rental income stream with low vacancy risk.
The property's excellent size and desirable location also provide potential for capital appreciation, with surrounding properties suggesting a potential increase in gross profit margin to £22,600 within the next three to five years. Additionally, the property is available alongside an 'Armchair Investor Service' provided by the managing agents, offering a comprehensive management solution for investors.