Summary - 104 LADY PIT LANE LEEDS LS11 6EE
6 bed 3 bath Terraced
Fully tenanted six-bed HMO in LS11 delivering immediate 9.1% net yield.
Fully licensed 6-bed HMO with one en-suite and two communal bathrooms
This six-bedroom, three-bathroom Victorian terraced HMO on Lady Pit Lane is a turnkey investment in Leeds LS11. Fully licensed and fully tenanted, it produces a gross annual income of £25,260 and a reported net yield of 9.1% on a £215,000 purchase price. Accommodation is arranged over four floors (approx. 1,662 sqft) with one en-suite bedroom and two communal bathrooms.
The property combines period character—bay window façade and likely high ceilings—with a contemporary fitted kitchen and functional communal living space. The HMO licence and current tenancy package deliver immediate cashflow, low voids and established rental demand from students and young professionals in the area.
Buyers should note material location and maintenance considerations: LS11 is classed as very deprived with a high local crime rate, which can influence insurance costs, tenant profile and management needs. The plot and garden are small and the building is average-sized overall; some communal areas and décor offer scope for targeted upgrades to push rents higher.
Overall this is a practical, income-focused purchase for investors seeking immediate return and uplift potential through modest refurbishment and active management. The current compliance status and stable income reduce entry risk, but factor location-related costs and increased management oversight into purchase calculations.
5 bedroom semi-detached house for sale in Village Place, Leeds, LS4 — £245,000 • 5 bed • 2 bath • 1316 ft²
6 bedroom terraced house for sale in Langdale Terrace, Leeds, LS6 — £325,000 • 6 bed • 3 bath • 1475 ft²
3 bedroom terraced house for sale in Vinery Mount, Leeds, LS9 — £125,000 • 3 bed • 1 bath • 906 ft²
5 bedroom terraced house for sale in Woodside Avenue, Leeds, LS4 — £250,000 • 5 bed • 2 bath • 1034 ft²
6 bedroom terraced house for sale in Burchett Place, Leeds, LS6 — £510,000 • 6 bed • 6 bath • 1455 ft²
5 bedroom terraced house for sale in Royal Park Grove, Leeds, LS6 — £345,000 • 5 bed • 2 bath • 1748 ft²
