Prime student-location property with planning and existing HMO licence.
Nine double bedrooms across circa 3,604 sq ft
A substantial nine-double-bedroom Victorian mid-terrace in Hyde Park, directly backing onto Woodhouse Moor and minutes from the University, LGI and the city centre. The house is laid out for shared occupation with generous living/dining, a separate breakfast kitchen, four shower rooms plus two extra w.c., a laundry room, S.W.-facing garden and a garage — all adding to strong rental appeal in this student-focused area.
Planning permission for a nine-bed HMO was granted in 2012 and an HMO licence covering nine occupants is in place until 01/08/2028. The property has been continuously let for about 12 years, and the seller states it can be offered with vacant possession and no onward chain. At about 3,604 sq ft, the house delivers scale and regular income potential for an investor or operator wanting a ready HMO in a prime Leeds student neighbourhood.
Constructed before 1900, the house retains period features and high ceilings that add character and letting appeal but also signal likely improvement needs. The solid-brick walls are assumed uninsulated, the double glazing install date is unknown and some rooms are described as a fixer-upper — expect refurbishment and energy-efficiency upgrades to reach modern standards. Council tax banding is moderate and running costs reflect mains gas boiler and radiators.
This is a straightforward acquisition for a buyer targeting student rental or HMO income: strong location, planning/licence history and physical scale are major positives. Factor in licence expiry timing, renovation costs for insulation and possible glazing/heating modernisation when assessing yield and post-acquisition works.
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