Norwood Road, Leeds £525,000

A SUBSTANTIAL AND EXTREMELY WELL PRESENTED EIGHT BEDROOMED INVESTMENT PROPERTY WITH AN EXCELLENT LONG LETTING RECORD. LET UNTIL 30th JUNE 2025 WITH A VERY ATTRACTIVE GROSS ANNUALISED RENT OF £47,424!! AN IMPRESSIVE 9% YIELD BASED AT THE ASKING PRICE.

Providing contemporary and recently improved accommodation, situated in this highly popular and convenient letting location in Hyde Park, a short walk to local shops, train station and within easy reach of the extensive amenities in Headingley, Leeds city centre & the universities. Features include gas central heating, UPVC double glazing, fire & security alarms, eight genuine double bedrooms, 3x impressive tiled shower room w/c's, an open plan living kitchen with brand new kitchen, with flat screen TV and a range of appliances. Tastefully fully redecorated and benefiting from a brand new stylish furniture.

The current owner has a HMO Licence until 22nd June 2026 and the property has a Lawful certfricate as an HMO from Leeds City Council (Sui Generis).

BEING SOLD AS AN ON GOING CONCERN AND IMMIEDIATE INCOME ON COMPLETION. INTERNAL VIEWING STRONGLY RECOMMENDED.
The sale is subject to the successful buyer retaining the current lettings management agent until at least the remainder of the existing tenancy agreements.

INTERNAL INSPECTION STRONGLY RECCOMENDED!

CLICK ON VIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.

Tenure – Freehold

Possession – The property is being sold subject to the existing tenancy agreements.

AML - Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.