Ready-let property with stable income and immediate yield.
Three-bedroom mid-terrace with long-term tenant in situ
A three-bedroom mid-terrace in LS11 offered with a long-term tenant and immediate rental income. The property currently generates a gross annual income of £24,468, making it suitable for buy-to-let portfolios seeking an occupied, income-producing addition.
Built as a typical two-storey Victorian terrace, the house is an average-sized urban dwelling with high ceilings in principal rooms. It is freehold with on-street parking and benefits from excellent mobile signal and fast broadband — features attractive to modern tenants. The current tenancy has been stable for several years and the tenant intends to remain, reducing short-term void risk.
Buyers should note material issues: the living room shows mold/damp and the interior decor is dated, indicating likely refurbishment requirements. The property sits in a high-crime, very deprived ward, which will influence lettings strategy, management costs and insurance. A physical inspection, full EPC, floorplans and recent rental comparables are recommended to confirm condition and yield assumptions.
This listing is aimed at investors and developers seeking a value-add, occupied terrace in central Leeds. Legal and sale terms include a buyer premium to secure the purchase; consult the Let Property Pack for tenancy schedules and detailed investment data before committing.
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