6 bed property for sale

Richmond Mount, Leeds, West Yorkshire LS6

This well-presented, fully licensed 6-bedroom HMO offers a secure, student-focused investment in a prime West Yorkshire location. Fully let to students, the property generates £41,184 in annual rental income, delivering a solid gross yield of 10.30% with reliable academic-year occupancy and repeat demand. Ideally positioned close to universities, local amenities, and established student hubs, it benefits from consistently strong tenant demand. Excellent transport connectivity via rail and bus links to Leeds, Bradford, and surrounding areas, alongside easy access to the M62 and M1, further enhances its appeal. Supported by ongoing city centre regeneration, university expansion, and infrastructure investment, this property represents a dependable, low-void investment opportunity in one of West Yorkshire’s most resilient student rental markets.

Please note: A Buyer Onboarding Fee of £250 + VAT is payable by all purchasers upon offer acceptance. This covers full aml and Proof of Funds verification, investor onboarding, and one months' access to our exclusive HMO Xchange portal and dedicated Buyer’s Space within the HMO X Hub - providing specialist guides, content, and support for HMO investors of all experience levels.

Income Breakdown (Monthly):

Room 1: £572.00
Room 2: £572.00
Room 3: £572.00
Room 4: £572.00
Room 5: £572.00
Room 6: £572.00

Total Monthly Income: £3,432.00

Total Annual Income: £41,184.00

*Already let for July 26 - June 27*

Expenditure Breakdown (Monthly):

Gas, Electric, Broadband, TV License & Content Insurance: £792.00 (Tenants pay £132.00 pcm for bills package with UniHomes - This is deducted from their monthly rent)
Council Tax: N/A
Management (10%): £343.20

Total Monthly Expenditure: £1,135.20

Total Annual Expenditure: £13,622.40

Investment Performance:

Net Annual Income: £27,561.60

Gross Yield: 10.30%

Net Yield: 6.89%