6 Bed End of Terrace
HMO investment opportunity
This is an excellent opportunity to purchase a recently renovated six bedroom end of terrace Victorian property with a C4 Certificate of Lawful Use in place and is perfect for investors looking for an extremely desirable yield.
The property is occupied by working professionals and the seller currently achieves a rental income of £35,000 per annum.
Major renovations works have been completed which include a full electrical rewire, new gas central heating system, new roof, new bathrooms and kitchens. The property has been sympathetically renovated retaining many of the original features whilst providing the next owner with peace of mind that all major works have been completed.
A prospective buyer also has the potential to increase the value of the property through converting the second living room into an additional bedroom and developing the basement into further living accommodation/8th bedroom subject to necessary planning consents.
This area is popular with professionals renting and demand continues to grow in this area due its close proximity to Chapel Allerton, Roundhay and the City Centre.