KFB: KEY FACTS FOR BUYERS GUIDE
A Guide to This Property & the Local Area
Morris Lane, Leeds, LS5
£239,950
Asking Price
Castlehill Estate Agents
21 Otley Road Headingley Leeds LS6 3AA
0113 2787427
tracy@castlehill.co.uk
www.castlehill.co.uk
Scroll Down

A SENSIBILY PRICED, QUALITY FIVE BED HMO INVESTMENT IN SUPER CONVENIENT LOCATION, GENERATING AN ATTRACTIVE £29,100 PA!!

Benefitting from a Certificate of Lawful use, the property demonstrates a long successful letting history as a HMO and is now being sold as an on-going concern with immediate income on completion! 

Fully let to five occupants, all on individual tenancy agreements, generating a gross annualised rental income of £29,100 including gas, electric, water, tv licence and broadband, that's an impressive yield of circa 9.4%, based at the asking price and after utilities.

Kirkstall is a vibrant area, in our opinion extremely popular with young professionals due to its ample amenities, scenic locations, great transport links/commute to the city centre. On the property’s doorstep is a café and mini-supermarket. Within five minutes walk are two retail parks home to major supermarkets, shops, gyms, cafe’s and petrol station, ample restaurants and pubs, and a leisure centre.

The transport links are fantastic. 5 minute walk to Headingley station which provides direct access to Leeds City Centre in only two stops away. Plus Kirkstall Road and Morris Lane are two major bus routes with many regular services.

Kirkstall also has plenty of scenic locations with easy access to the river, canal, Kirkstall Abbey and green open spaces.

The area is also currently seeing massive investment/development including Abbey Court, a new impressive neighbourhood of 223 houses and apartments across the road which is being built.

The property has recently been refurbished and is a great opportunity for any discerning buy-to-let investors. In brief the property comprises; entrance hallway, lounge, good sized light & airy modern fitted dining kitchen, five double bedrooms, an unconverted room in the basement, offering potential to create extra living space to either a sixth room/utility room/occasional room/cinema enhancing the facilities and potentially improving future rent levels, all subject to the usual planning and HMO consents. Two contemporary shower room enclosures & w/c's. Additional features include gas central heating with a recent boiler and UPVC double glazing.

A GREAT PROPERTY IN AN AREA SEEING HUGE INVESTMENT AND DEVELOPMENT

Tenure: Freehold:
Possession : Subject to existing tenancies

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.

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 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. 

Key Features
Property Type
HMO Parent
Bedrooms
5 Bedrooms
Bathrooms
2 Bathrooms
Year Built
Before 1900
Key Details
Floor Area
1,485 ft2
138 m2
Plot Size
Council Tax
Band B
£1,607
Flood Risk
Rivers & Seas
No Risk
Flood Risk
Surface Water
High
Unlike flooding from rivers, surface water flooding can happen many miles from a river, often in places that people wouldn’t expect because it’s a long way from a river or stream – it happens simply because there is nowhere else for the rainwater to go. Risk ratings are measured as:
High Risk - an area which has a chance of flooding of greater than 1 in 30 (3.3%) in any one year.
Medium Risk - an area which has a chance of flooding of greater than 1 in 100 (1.0%) in any one year.
Low Risk - an area which has a chance of flooding of greater than 1 in 1000 (0.1%) in any one year.
Very Low Risk - an area in which the risk is below 1 in 1000 (0.1%) in any one year
Conservation Area
No
Land Registry
Tenure
Freehold
Title Number
WYK515593
Mobile, Broadband & TV
Estimated Broadband Speeds
Standard - 10 mbps
Superfast - 80 mbps
Ultrafast - 1000 mbps
Mobile Signal (based on calls indoors)
EE
O2
3 (Three)
Vodafone
Cable/Satellite TV Availability
BT:
Sky:
Virgin:
Street View
Satellite Image
The EPC report provides performance data to help you understand the property’s energy efficiency, and can also provide useful additional data regarding power outlets, glazing, hotwater and heating throughout the property.
EPC

Energy rating

D

Morris Lane, LS5

Valid until 25.07.2029

Your energy rating is D(64) and your potential is B(85) A B C D E F G 92+ 81-91 69-80 55-68 39-54 21-38 1-20 Score Energy rating Current Potential 64 | D 85 | B
Additional EPC Data
Property Type: House Build Form: Mid-Terrace
Transaction Type: Marketed sale Energy Tariff: Single
Main Fuel: Mains gas (not community) Main Gas: Yes
Flat Top Storey: No Top Storey: 0
Glazing Type: Double glazing, unknown install date Previous Extension: 0
Open Fireplace: 0 Ventilation: Natural
Walls: Solid brick, as built, no insulation (assumed) Walls Energy: Very Poor
Roof: Roof room(s), no insulation (assumed) Roof Energy: Very Poor
Main Heating: Boiler and radiators, mains gas Main Heating Controls: Programmer, room thermostat and TRVs
Hot Water System: From main system Hot Water Energy Efficiency: Good
Lighting: Low energy lighting in 93% of fixed outlets Floors: Solid, no insulation (assumed)
Total Floor Area: 138 m2
Most Recent Local Applications

Click the map pin to see details

7 , Morris Lane, LS5 3JT
Flat At 1 - 3 , Morris Lane, LS5 3JT
6 , Morris Lane, LS5 3JT
Asking Price
£239,950
Average price changes for LS5
Detached
+ 66.82%
Semi-Detached
+ 65.87%
Terraced
+ 58.19%
Flat
+ 44.93%
Education Level
Nursery
Primary
Secondary / College
Primary / Secondary
Pin Colour Key (Based on inspection body ratings)
Highest
Lowest
Not Rated
Independent
Bus Stops/Stations
Pin Name Distance
Kirkstall Hlth Ctr 0.03 miles
Kirkstall Lane 0.04 miles
Kirkstall Lane 0.04 miles
Kirkstall Lane Church View 0.06 miles
Kirkstall Leis Ctr 0.1 miles
National Rail Stations
Pin Name Distance
Headingley Rail Station 0.21 miles
Burley Park Rail Station 0.92 miles
Burley Park Station 0.93 miles
Trunk Roads/Motorways
Pin Name Distance
M621 J1 2.98 miles
M621 J2 2.84 miles
M621 J2A 2.91 miles
M621 J3 3.11 miles
M621 J4 3.54 miles
Airports/Helipads
Pin Name Distance
Leeds Bradford Airport 4.38 miles
Finningley 33.5 miles
Teesside Airport 48.56 miles
Manchester Airport 41.87 miles
About Castlehill Estate Agents
Situated in a prime position in the centre of vibrant, cosmopolitan Headingley, only two miles from central Leeds, Castlehill has built an excellent reputation in house sales and rentals throughout the North Leeds area.

Castlehill offers a free and no obligation market appraisal and would be delighted to arrange an appointment to inspect your home or investment property. At the time of inspection, you will be presented with a comprehensive marketing package and advice on an expected selling or rental figure.

We employ the latest technology and various social media platforms, to ensure maximum exposure combined with effective marketing on the leading property portals, Rightmove and OntheMarket.com.

As members of the Ombudsman Sales & Lettings Scheme, Castlehill are committed to the very highest standards in the industry.

If you are considering selling or letting your property, please contact us to arrange an appointment.
Testimonial 1
We've just sold a property through Castlehill and couldn't recommend Paul, Matt and Vicki highly enough. They gave good advice, were very clear, were open to suggestions and were very patient and friendly. What more could you want?! Thank you for making the process run as smoothly as we could have hoped for.
Testimonial 2
I have just sold my property through Castlehill Estate Agents in Headingley Leeds. I have no hesitation whatsoever in recommending them 100%.
From valuation through to completeion Matt and his team have been wonderful. They are professional,highly knowledgeable, accessilble and answer queries quickly and efficiently.
Matt and his team are always helpful, understanding and willing to spend time explaining sometimes hard to understand issues.
Testimonial 3
Recently moved out of a property under Castlehill Management. Genuinely the best service I've experienced while renting an accommodation. They were consistently quick to respond to requests and you were made to feel like they genuinely cared about both the quality of the property and our own well-being, which is all you can really ask for for customer service.
Testimonial 4
I can't praise Castlehill highly enough for their professional and thorough service on the sale of my buy-to-let property.
They were always available via phone or email, regularly updated me on progress, and chased the various parties relentlessly to progress the sale.
Thank you Castlehill for all your hard work, I would definitely recommend this estate agent.
Testimonial 5
We chose Castlehill to sell our house in Hyde Park, having had a positive experience with them as a buyer several years previously. We have been 100% delighted with the service received - they have been professional, friendly, extremely efficient and helped us achieve a very quick sale and a great price. We were particularly impressed with the way the large number of viewings were organised quickly and efficiently, and with the online feedback.
Testimonial 6
Matt and the team at Castlehill provided a service that exceeded all of my expectations in selling my home of 20 years. People say moving house is the most stressful things you can do, but Castlehill made sure the entire process was easy and painless! They sorted everything – from arranging the EPC and accompanied viewings, to ensuring the legal process went as smoothly as possible and they made sure I was kept informed every step of the way.
Castlehill Estate Agents are committed to comprehensive property data being made available up-front to make the home buying and selling process quicker, easier & cheaper. This is why we have partnered with Sprift - the UK’s leading supplier of property-specific data.
Data Partners:

Contains public sector information licensed under the Open Government License v3.0

The information contained within this report is for general information purposes only and to act as a guide.

Sprift Technologies Ltd aggregate this data from a wide variety of sources and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, of the information or related graphics contained within this report for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this report.

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.