Summary - 4 WOODSIDE AVENUE LEEDS LS4 2QX
5 bed 2 bath Terraced
Ready income stream near Leeds city centre with flexible management options.
Five bedrooms arranged over three storeys, two bathrooms plus extra W/Cs
This five-bedroom mid-terrace on Woodside Avenue is presented as a ready HMO income opportunity in a city-centre fringe location. The property currently produces about £25,500 per year inclusive of bills and council tax, with five separate tenancies in place and the seller re-applying for the HMO licence. Layout includes an open-plan kitchen/lounge, two lower-ground bedrooms, further bedrooms across the upper floors, and two bathrooms plus additional W/Cs.
The building is a Victorian three-storey terrace with standard ceiling heights and a compact footprint. It is freehold and close to extensive retail and leisure amenities, frequent bus links and Leeds city centre — making it suitable for students and commuting professionals. EPC rating D and fast broadband are positives for continued rental demand.
Buyers should note several material considerations: the neighbourhood records very high crime and is in a generally deprived area, the plot and external space are very small, and the property sits in a medium flood-risk zone. The accommodation has signs of everyday wear and will require ongoing maintenance; the current HMO licencing position should be confirmed and tenancies will transfer on completion.
For an investor seeking an HMO with immediate income and flexible management options, this property offers a clear cashflow starting point. For owner-occupiers or families, the tight plot, high-crime locality and need for some updating make this less suitable unless the purchaser accepts renovation and area-related challenges.
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