St. Michaels Crescent, Leeds £475,000

RE-LET UNTIL 30th JUNE 2026!! GROSS RENT £43,256 p/a - YIELD OF OVER 9%!!

A SPACIOUS AND WELL PLANNED SEVEN BEDROOMED MID TERRACE, LET UNTIL 30th JUNE 2025, SITUATED IN THIS ATTRACTIVE LEAFY CRESCENT IN ONE OF NORTH LEEDS' CONSERVATION AREAS, JUST A FEW MINUTES WALK TO THE CRICKET GROUND, THE EXTENSIVE AMENITIES IN HEADINGLEY AND WITHIN EASY REACH OF LEEDS CITY CENTRE AND THE UNIVERSITIES.

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

The property is currently let from 1st July 2024 until 30th June 2025 at an attractive gross rent of £51,500 p/a including bills which we understand is £39,542 net of bills. The property is also re-let from 1st July 2025 to 30th June 2026 at £44,712 p/a including contents insurance (£43,256 p/a excluding).

Providing well planned accommodation comprising an entrance hall, an impressive open plan modern kitchen and lounge and a bedroom on the ground floor, a bedroom, a utility area and a shower room w/c on the lower ground floor, three bedrooms and two shower room w/c's on the first floor and two further bedrooms on the top floor. Externally, there is a low maintenance garden to the front a yard to the rear. On street parking is available on a resident's permit basis.

The seller has HMO Licence until 23rd June 2027. The sale is subject to the buyer retaining the letting management of Oasis Properties for at least the remainder of the tenancy agreements. We understand the seller is applying for lawful HMO Sui Generis use.

Tenure: Freehold
Possession: Subject to 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.

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