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£450,000

6 bed terraced house for sale
Chestnut Avenue, Hyde Park, Leeds LS6

    • 6 beds

    • 3 baths

    • 1 reception

  • EPC Rating: D

  • Freehold

Haus Properties

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About this property

  • EPC D C Tax D

  • Epc-d

  • Very Sought After Street

  • 6 Bedroom Student Property

  • £39,419.35 Rental Income

  • 8.76% gross yield

  • 3 Bathrooms

  • Fully Let

6 Bedroom Student Investment8.76% Gross YieldChestnut Avenue, Leeds

Located on one of the most popular streets in Hyde Park for students, this is an excellent opportunity to acquire a fully let 6 bedroom student investment property in a well-established and consistently high-demand rental location in Leeds.

Currently fully let and generating £39,419.35 per annum (rent only), this property provides an immediate income. The tenants pay their own bills, ensuring a straightforward investment with no utility liabilities for the landlord.

The property offers six bedrooms, communal kitchen and living room and three bathrooms, and is ideally suited to the strong Leeds student market. Its location provides easy access to the universities and local amenities, making it a highly lettable proposition year after year.

The property briefly comprises of:

Lower Ground Floor Bedroom 1 2.8m x 4.9m (9\'3\' x 16\'0\')

A well-proportioned double bedroom positioned to the front of the lower ground floor. The layout provides ample space for a double bed along with study and storage furniture, making it ideal for student occupation.

Kitchen 5.4m x 3.9m (17\'9\' x 12\'9\')

A substantial communal kitchen positioned centrally on the lower ground floor. The room size comfortably accommodates extensive worktop space, multiple appliances, and dining/social space. The layout supports practical shared living for six occupants.

Utility Room 2.1m x 3.5m (6\'9\' x 11\'4\')

Separate utility space providing additional storage and laundry functionality. The separation from the main kitchen enhances practicality for multi-occupancy use.

Ground Floor Entrance Hall Accessed from the front of the property, leading to the main staircase and ground floor accommodation.

Bedroom 2 (Approx. 4.2m depth – see plan layout)

A large double bedroom positioned to the front of the ground floor. Well-shaped and suitable for full bedroom furnishings.

Living Room A dedicated communal reception room providing separate relaxation and social space away from the kitchen. Its proportions allow comfortable seating arrangements suitable for full occupancy.

Bathroom 2.1m x 3.5m (6\'9\' x 11\'4\')

A generously sized house bathroom serving the lower and ground floor levels, offering space for full bathroom fittings.

First Floor Bedroom 3 5.4m x 4.2m (17\'9\' x 13\'10\')

A particularly spacious double bedroom occupying a substantial footprint. Excellent proportions provide flexibility for layout and strong tenant appeal.

Bedroom 4 3.8m x 2.9m (12\'4\' x 9\'6\')

A well-sized double bedroom with practical layout and good usability.

Bathroom 1.7m x 2.9m (5\'5\' x 9\'6\')

Additional bathroom facility on the first floor, providing convenience for upper-level occupants and supporting HMO functionality.

Second Floor Bedroom 5 5.4m x 4.2m (17\'9\' x 13\'10\')

Large double bedroom spanning the depth of the property. The generous dimensions create strong rental desirability.

Bedroom 6 5.4m x 4.2m (17\'9\' x 13\'8\')

Another substantial double bedroom of equal scale, offering excellent proportions and consistent rental appeal.

Investment Highlights:

* Fully let 6 bedroom student property

* £39,419.35 per annum income

* 8.76% gross yield

* Tenants pay own bills

* Proven rental demand location

* Income from day one

Leeds continues to benefit from a substantial student population and strong rental demand, making this an attractive addition to any investor portfolio.

The property does not currently have a C4 Certificate however the Landlord advises that proof of the property being let for more than 10 consecutive years in present.

Early viewing recommended. Contact Will today to book in your viewing.

EPC D C Tax D

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Property descriptions and related information displayed on this page are marketing materials provided by - Haus Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Haus Properties for full details and further information.