Cardigan Road Hyde Park, Leeds £379,950

A SUBSTANTIAL SEVEN BEDROOMED INVESTMENT PROPERTY LET UNTIL 30th JUNE 2025 WITH AN ATTRACTIVE RENTAL INCOME OF £42,588 p/a INCLUDING BILLS, LOCATED IN THIS HIGHLY CONVENIENT LOCATION, WITHIN EASY WALKING DISTANCE TO LEEDS CITY CENTRE AND THE UNIVERSITIES.

The property is let from 1st July 2024 until 30th June 2025 with a gross rent of £42,588 p/a including bills and we understand the net rent less bills is £34,580 p/a, a yield of over 9% based on the asking price!

The property enjoys an elevated position with well presented and spacious accommodation, briefly comprising an entrance hall, lounge, bedroom and dining kitchen on the ground floor, a small basement, four bedrooms, a shower room and separate w/c on the first floor and two further bedrooms on the top floor with another shower room and separate w/c. Externally, there is a paved garden to the front with planting and a large yard to the rear.

The property has a Sui Generis HMO lawful use certificate and the sellers have a HMO Licence until 15th Jun 2027. There is no lettings management tie in, allowing buyers to self manage or appoint their preferred agent.