Immediate rental income in a well-located Leeds terrace near transport and amenities.
Five double bedrooms, each with en suite
A ready-made HMO investment in LS15, this five-bedroom mid-terrace produces a reported gross income of c.£33,480 per annum. The property is fully occupied and configured over basement plus three upper floors, each bedroom having its own ensuite — offering immediate rental yield with low void risk.
Built before 1900, the house retains period brick character externally and benefits from double glazing and gas central heating via boiler and radiators. Practical features include a basement with laundry and storage space, a small enclosed rear garden with artificial grass and two off-street parking spaces to the front — appealing to tenants and simplifying management.
Notable considerations are an EPC rating of D, assumed solid-brick walls with no added wall insulation (typical of older builds), and a modest plot size. The property sits in a more deprived area within a major conurbation, so investors should allow for tenant mix and management costs. Overall condition appears good for ongoing HMO use, but purchasers should check services, basement condition and compliance for HMO licensing or future energy improvements.
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