Prime rental location with planning consent for two duplex conversions and garage potential.
- Six double bedrooms with extensive basement and 14 rooms total
- Planning permission for 4-bed and 3-bed duplex flats (ref 24/00951/FU)
- Let until 30 June 2026 at £38,716 per annum
- HMO licence valid until 3 October 2028; lawful C4 HMO certificate
- Detached garage offering storage or development potential
- EPC rating E — energy improvements likely needed
- Council tax above average; local crime levels above average
- Small front garden and rear yard; plot size is limited
A substantial Victorian end terrace in Hyde Park corner, offered with an existing HMO tenancy producing £38,716 pa until 30 June 2026. The house retains period features—high ceilings, bay windows and original fireplaces—and includes an extensive basement and a detached garage that adds storage or development potential. Planning permission (ref 24/00951/FU) is granted to create one 4-bed duplex and one 3-bed duplex, with projected rental income of around £45,000 pa once converted.
This property suits an investor or small portfolio owner targeting Leeds student/young professional lets. It comes with an HMO licence until October 2028 and a lawful use certificate for C4 HMO use, simplifying continued multi-occupancy. The location is walking distance to universities, Hyde Park and local bars and shops, supporting steady rental demand in a cosmopolitan student neighbourhood.
Practical considerations: the property is EPC rated E and council tax is above average, which could affect running costs and tenant demand for higher-paying lets. Crime levels in the immediate area are above average—worth factoring into tenancy strategy and insurance. The sale is subject to the current tenancy and requires buyers to retain the existing lettings manager for the tenancy term.
With spacious rooms, a sizeable basement and garage, the house offers clear upside via conversion or refurbishment. Investors should allow budget for energy improvements and ongoing maintenance to raise standards and yields post-purchase.
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