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Holmefield House, 1 North Hill Road... 14 bed detached house for sale
Holmefield House, 1 North Hill Road, Headingley, Leeds, LS6
£1,200,000
Holmefield House, 1 North Hill Road, Headingley, Leeds, LS6
£1,200,000
Our Summary
- AN EXCITING INVESTMENT OPPORTUNITY TO ACQUIRE A GRADE II LISTED FREEHOLD BUILDING COMPRISING SIX SELF CONTAINED APARTMENTS CURRENTLY LET TO PROFESSIONAL TENANTS
- Built in 1835 and located within the Headingley Hill Conservation Area, this listed building was converted into self-contained units in 2009 by the current owner (with full planning approval & listed building consent)
- The building is currently held on a single Freehold title, and we’ve no doubt there is the potential to split this to create individual Leasehold titles with a view to selling the flats separately in the future (if desired)
- We believe there is an opportunity to increase the overall rental income further by upgrading the fixtures and fittings as and when a flat becomes vacant
- FLOOD RISK & PLANNING PERMISSIONFLOOD RISK – not known to be an issue / PLANNING PERMISSION – none in the immediate area
- An Investment Opportunity to Acquire a Freehold Building Split into 6 Apartments
Description
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Here is a summary of the property description in a single paragraph:
A Grade II listed freehold building in Headingley Hill Conservation Area is available for purchase, comprising six self-contained apartments currently let to professional tenants. The building, converted in 2009, features hardwood double glazing, gas central heating, and retains original features such as grand staircase banisters and fireplaces. The apartments are let on Assured Shorthold fixed term tenancies until Summer 2025, producing a gross rental income of £91,020 per annum. The property has off-road parking for residents and visitors, with one space featuring an EV charging point. The building is currently held on a single freehold title, offering potential to split into individual leasehold titles for future sales. The property is being sold as a going concern, with minimal void periods and opportunities to increase rental income by upgrading fixtures and fittings.