Summary - 9 BARRAS STREET LEEDS LS12 4JS
4 bed 3 bath End of Terrace
Ready-income HMO with strong yield in LS12, suited to hands-on investors..
4-bedroom licensed HMO producing £21,780 gross income annually
11.46% gross yield based on £175,000 asking price
Mains gas boiler, radiators; double glazing (install dates unknown)
Solid brick walls likely without added insulation — potential heat loss
Very small plot; no visible garden or outdoor space
Area: very deprived with very high crime — management considerations
Buyers’ fee 1.5% and managing agent fee 10% of rents
Compact rooms including low-ceiling loft conversion, HMO-sized accommodation
This end-of-terrace 4-bed HMO in LS12 offers strong rental returns — gross income £21,780 and a reported 11.46% gross yield on a £175,000 purchase price. Its double-fronted layout, converted loft bedroom with Velux, and modern bathrooms deliver HMO-ready accommodation with consistently high occupancy historically.
The property is compact (approx. 1,023 sq ft) on a very small plot and sits in a densely built urban area with excellent transport links, fast broadband and local amenities close by. Heating is via mains-gas boiler and radiators; windows are double glazed (install dates unknown). Solid brick walls are assumed to have no added insulation, which may affect heating costs and comfort.
Material considerations are clear: the neighbourhood records very high crime and very high deprivation, which will affect tenant profiles and management needs. There is no visible garden or outdoor space, and room sizes are typical for HMO use, including a low-ceiling attic room — suitable for single occupants but not large families.
Running costs and fees should be factored in: a buyers’ fee of 1.5% applies, and the current managing agent charges 10% of rents. The property is freehold and tenanted as a four-bedroom HMO, making it appropriate for investors seeking an immediate income stream but requiring active management in a challenging location.
6 bedroom terraced house for sale in Lady Pit Lane, Leeds, West Yorkshire, LS11 — £215,000 • 6 bed • 3 bath • 1662 ft²
5 bedroom semi-detached house for sale in Village Place, Leeds, LS4 — £245,000 • 5 bed • 2 bath • 1316 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 Langdale Terrace, Leeds, LS6 — £325,000 • 6 bed • 3 bath • 1475 ft²
5 bedroom house of multiple occupation for sale in Bruntcliffe Road, Leeds, LS27 — £255,000 • 5 bed • 3 bath • 1442 ft²
5 bedroom terraced house for sale in Royal Park Grove, Leeds, LS6 — £345,000 • 5 bed • 2 bath • 1748 ft²
