A SUBSTANTIAL AND PROMINENTLY LOCATED FIVE STOREY PERIOD TERRACE ON HYDE PARK CORNER IN ONE OF LEEDS LEAFY CONSERVATION AREAS, CONSISTING OF A RESIDENTIAL HMO AND TWO COMMERCIAL UNITS, SITUATED IN THIS PRIME LOCATION, ON THE DOORSTEP OF OTHER LOCAL BUSINESSES AND A SHORT WALK TO THE OPEN SPACES OF HYDE PARK, THE UNIVERSITIES AND LEEDS CITY CENTRE.
The five storey property is being sold with the freehold and consists of a vacant six bedroomed HMO and two ground and lower ground floor commercial premises, let at a total rent of £17,500 p/a. One of the commercial units is let on a rolling basis and the other until 31st July 2028.
The HMO is accessed from the rear of the property and comprises of six bedrooms, a lounge, a kitchen, a bathroom w/c and a shower room w/c.
The property is street lined to the front and there is a yard to the rear.
Parking around the property is limited.
The seller has a HMO Licence until 25th July 2027. The businesses are unaffected by the sale. The property must be of interest to experienced investors as the property must offer potential to generate a total income of circa £50,000 p/a!
Tenure – Freehold
Possession – The Commercial Units are subject to tenancies.
The Residential Units are vacant.
AML - Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.
All viewings are by appointment. Please note that some viewing arrangements may require at least 24 or 48 hours’ notice.
None of the listed or displayed appliances or services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
If a third party agent is involved with the letting of this property, there may be associated obligations and fees for a buyer. We advise your legal advisor checks any agreements or contracts prior to commitment.
This property is in an Article 4 direction area which relates to Houses in Multiple Occupation (HMO’s). Please see the Leeds City Council website for more information.
If you would like to make an offer on this property, please contact our office as soon as possible. Any evidence of funding you can provide to support your offer will help to inform the seller of your position. We strongly advise taking independent mortgage advice and can recommend a mortgage broker along with other property professionals.
These particulars including the description, measurements and photographs are intended to give a fair description of the property, but their accuracy cannot be guaranteed. Other information contained in this brochure is all in the public domain and obtained from various sources as listed in this report. These particulars do not constitute an offer or contract. Intending purchasers/tenants must rely upon their own inspection of the property.
Woodhouse, LEEDS, LS6
Valid until 18.08.2034
Property Type: | Top-floor maisonette | Walls: | Solid brick, as built, no insulation (assumed) |
Walls Energy: | Very poor | Roof: | Pitched, no insulation (assumed) |
Roof Energy: | Very poor | Window: | Fully double glazed |
Window Energy: | Average | Main Heating: | Boiler and radiators, mains gas |
Main Heating Energy: | Good | Main Heating Controls: | Programmer, TRVs and bypass |
Main Heating Controls Energy: | Average | Hot Water System: | From main system |
Hot Water Energy Efficiency: | Good | Lighting: | Low energy lighting in all fixed outlets |
Lighting Energy: | Very good | Floors: | (other premises below) |
Secondary Heating: | None | Total Floor Area: | 150 m2 |
Click the map pin to see details
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Information produced by HM Land Registry. Crown copyright and database rights 2024
Council Tax pays for multiple services in the property's local authority with only part of it going to the council itself. Residences within a Parish or Town Council area have an additional charge to fund the body. Each parish/town council has a different budget and imposes different fees. Not all councils have parishes/town councils and this varies across the country.
In instances where parish/town councils do affect the council tax value and we do not have the exact figure, we present council tax data with the below highlights. Take care to confirm which is being presented by the dashboard as this will need to be made clear to your clients:
avg - When we indicate the Council Tax price is 'avg', it means we have not been able to obtain an exact figure, so this number represents the mean value of Council Tax across the council for that property band. The exact figure will be slightly higher or lower because each parish/town council is priced differently.
min - When we indicate the Council Tax is a 'min', it represents the known amount that the council sets for itself, but excludes the parish/town council cost which we have not been able to obtain. The additional cost will need to be considered as it will be greater than the indicated price.