Income-producing terrace near universities with HMO licence in place.
Six double bedrooms each with en-suite bathroom W/C
A six-bedroom mid-terraced Victorian townhouse in Hyde Park, offered with an HMO setup and income in place. The property is arranged across three main storeys plus an attic conversion; each bedroom is a double with its own en-suite, and the layout includes a separate modern dining kitchen, lounge and an enclosed rear yard. Its location is a short walk to local shops, Hyde Park Picture House, green spaces and the main universities, making it well suited to student lets.
The property is let at £48,492 per annum including bills (circa £41,949 excluding bills) with tenancies running to 30 June 2027. The seller holds an HMO licence valid until 17 April 2028. The sale requires the purchaser to retain the current lettings manager for the remaining tenancy period; the house is also available as part of a wider portfolio of nearby HMOs.
Material considerations are plain: the plot and front garden are small, the area records high crime and very high deprivation, and the EPC is rated D. There is an outhouse in the yard with renovation potential but any works should respect HMO constraints and licences. Investors should factor ongoing management requirements and location-specific demand into cashflow projections.
This is a practical, income-producing HMO in a prime student neighbourhood. It suits buyers seeking immediate rental income and HMO-compliant accommodation close to Leeds universities, provided they accept management conditions and the area characteristics.
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