The Crescent, Leeds 6 bed character property for sale

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The Crescent, Leeds 6 bed character property for sale

The Crescent, Leeds
£525,000

Our Summary

  • The property must be of interest to experienced investors as the property must offer potential to generate a total income of circa £50,000 p/a

Description

This five-storey period terrace on Hyde Park Corner in a conservation area of Leeds is being sold with the freehold, comprising a vacant six-bedroom HMO and two commercial units. The property is situated in a prime location, close to Hyde Park, universities, and the city center. The commercial units are let at a total rent of £17,500 per annum, with one unit let until 2028 and the other on a rolling basis. The HMO is accessed from the rear and features six bedrooms, a lounge, kitchen, bathroom, and shower room. The property has street lining to the front and a yard to the rear, with limited parking. The seller has a HMO license until 2027, and the businesses are unaffected by the sale. With potential to generate a total income of around £50,000 per annum, this property is likely to be of interest to experienced investors.