Newport View, Leeds £339,950

AN EXCEPTIONALLY WELL MANAGED AND MAINTAINED SIX BEDROOMED TERRACE, SITUATED IN THIS HIGHLY CONVENIENT LOCATION, A SHORT WALK TO BURLEY PARK TRAIN STATION, THE CRICKET GROUND AND THE EXTENSIVE AMENITIES IN HEADINGLEY, WITH THE CITY CENTRE AND THE VARIOUS UNIVERISTY CAMPUS' ALL WITHIN EASY REACH.

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The property is let on individual tenancies most on rolling contracts and one on a fixed contract until May 2025, generating a total annualised rent roll of £34,680 including bills. (The seller estimates the net rent less bills and a fortnightly cleaner is circa £27,900 - producing an attractive yield of circa 8.2%). The property is therefore ideally suited to continued investment, although could be converted back to a private home if required, subject to vacant possession negotiations. NEW GAS BOILER FITTED NOVEMBER 2024.

The well planned accommodation comprises a lounge and modern fitted kitchen on the ground floor, two lower ground floor bedrooms and a shower room w/c, two first floor bedrooms and a bathroom w/c and two further bedrooms on the top floor. Externally there are neatly maintained gardens to the front and rear.

The seller has a HMO Licence until 1st June 2027 and a certificate of lawful use for C4 HMO planning. The property was re-roofed in 2019. There is no lettings management tie in, allowing buyers to self-manage or appoint their preferred agent.

Internal viewing strongly recommended.

Tenure: Freehold

Possession: Subject to Tenancy

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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