Ash Grove, Leeds £575,000

A SUBSTANTIAL AND VERY SPACIOUS EIGHT BEDROOMED TERRACE SITUATED ON THIS LEAFY STREET IN A CONSERVATION AREA IN A PRIME & VERY CONVENIENT LETTING LOCATION, WITHIN EASY WALKING DISTANCE TO LOCAL SHOPS, THE HYDE PARK PICTURE HOUSE, THE LOVELY OPEN SPACES OF HYDE PARK, THE UNIVERSITIES AND LEEDS CITY CENTRE.

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

The generously proportioned accommodation comprises an entrance hall and three bedrooms (one with an en-suite w/c) on the ground floor, a kitchen and lounge on the lower ground floor, three bedrooms and two shower room w/c's on the first floor and two additional bedrooms on the top floor. There is also an additional sizeable unused basement chamber offering excellent potential to improve/enlarge the layout if preferred or possibly convert the lower ground floor into a self-contained flat, subject to relevant consents. The size of the bedrooms would also lend themselves to adding en-suite facilities, also subject to relevant consents.

The property is let until 30th June 2025 at £47,971.12 p/a excluding bills representing a yield of circa 8.35%! The seller has a HMO Licence until 13th August 2027 and there is no lettings management tie in, allowing buyers to self manage or appoint their preferred agent.

The property has permission to be used as House in Multiple Occupation (HMO).

Tenure: Freehold
Possession: Subject to existing tenancy agreement 
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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