5 bed end terrace house for sale

50 Randolph Street, Leeds LS13

Five bedroom HMO Investment Property in Leeds with current annual rent of £25,920 and potential to increase these returns.

This well-proportioned five-bedroom end of terrace is situated in the popular and well-connected Bramley and Stanningley area of Leeds. Offering a generous 1238 sq. Ft. Of living space, it includes four light and spacious bedrooms, two modern bathrooms, a living room, kitchen and a separate utility. Internally, the accommodation provides ample space for comfortable shared-living, which is complimented by an outside decked garden terrace.

The layout provides a functional and practical living environment for modern day living, with a bright and airy feel throughout. The location is in a high demand area, generating 100% occupancy rate with no voids over the last 3 years. It is also highly accessible to local amenities, schools and transport links, allowing for convenient commuting and daily errands. The excellent size and desirable location, should always draw preferential appeal from professional tenants who are looking to occupy a vibrant neighbourhood and a convenient position in Leeds.

Investment Potential: This provides an attractive opportunity for investors looking to generate passive income using above average rental yields and potential capital appreciation. The property currently achieves a gross profit of £20,028, and is currently fully occupied and tenanted. We are advised by the current management firm that surrounding properties and growth rates suggest a potential to increase the gross profit margin to £22,600 within the next 3-5 years. Additional capital growth potential would provide an additional yield and may therefore be an asset well worth considering for any investor's portfolio. Further details on this property's investment and capital growth potential are available on request.

With spacious accommodation, modern amenities, and strong demand from professional tenants, the property offers a reliable rental income stream opportunity with low vacancy risk - making it a highly attractive investment prospect.

Please Note - This property is also made available alongside an 'Armchair Investor Service' provided by our Partner Agents, who are the current managing agents. This can be discussed in full and in addition to the purchase, without obligation. (Fees for a management service would apply, in addition to any final purchase price for the property)

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment

Services

Mains gas, electricity, water and drainage

Tenure

Freehold

Current Rent

£25,920 per annum