Summary - 18 RAINCLIFFE ROAD LEEDS LS9 9LR
2 bed 1 bath Terraced
Tenanted two-bedroom Victorian terrace achieving £770pcm, ideal for buy-to-let investors seeking immediate income..
Let at £770pcm providing immediate rental income
Gross yield approximately 8.0% at asking price £115,000
Two bedrooms, one bathroom — 743 sqft overall
Victorian solid-brick terrace with period features
Energy Rating D; wall insulation likely needed
Double glazing present, install date unknown
Sits in a very deprived area with high local crime
Sold tenanted — viewings and vacant possession limited by tenancy
This two-bedroom Victorian mid-terrace on Raincliffe Road is presented as a ready-made buy-to-let, currently let at £770pcm providing immediate rental income. The freehold property (approx. 743 sq ft) sits in a commuter-friendly area close to shops, buses and schools, appealing to investors seeking straightforward cashflow.
Built c.1900–1929 with solid brick walls and period character, the house offers modest living spaces and high ceilings in places. The property has mains gas central heating, double glazing (unknown install date) and a current Energy Rating of D. There is clear refurbishment potential—insulating the solid walls and updating finishes could raise energy performance and long-term rental value.
Important considerations: the property lies in a very deprived area with high local crime rates, and the plot is very small. It is sold with sitting tenants, so viewings and vacant possession will be subject to tenancy terms. Some basic maintenance and energy improvements are likely needed given assumed uninsulated solid walls and the unknown age of glazing.
For an investor focused on yield and near-term income, this terraced home offers an attractive entry price and a gross annual rental return above typical market levels. Buyers should factor in area risk, likely refurbishment costs, and tenancy arrangements when assessing net returns.
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