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Otley Road, Headingley 4 bed property for sale
Otley Road, Headingley
£467,000
Otley Road, Headingley
£467,000
Our Summary
- Investment Overview•Ground Floor Commercial UnitCurrently let to a well-established barbershop, producing an annual rental income of £16,000 with potential in March 2026 to significantly increase this rent as there is a renewal / rent review due, increasing your yield soon after the outset of your investment
- The current yield stands at 8% based on the asking price of £467,000, with scope for future rental growth in this high-demand area
Description
This prime mixed-use investment property is located on Otley Road in Headingley, Leeds, and offers a unique opportunity to acquire a fully let property with a strong and secure income stream. The property comprises a ground floor commercial unit currently let to a barbershop, producing an annual rental income of £16,000, and four-bedroom student HMO accommodation on the first and second floors, generating over £21,000 per annum. The property benefits from a prime location on one of Leeds' busiest arterial routes, with excellent public transport links and a thriving parade of shops, bars, and restaurants. With a current yield of 8% and scope for future rental growth, this property presents a rare and attractive proposition for investors seeking a robust return in a highly sought-after location.