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5 bedroom end of terrace house for sale
Burlington Road, Leeds, West Yorkshire, LS11
£190,000
Burlington Road, Leeds, West Yorkshire, LS11
£190,000
Our Summary
- Investment Opportunity – 5-Bed HMO with Planning Permission to Convert to 6 Beds – Cash Buyers OnlyA rare opportunity for investors and developers – this substantial 5-bedroom HMO is now available with full planning permission to convert the basement into a sixth en-suite bedroom and lounge, along with the potential for double dormer extensions to further enhance the space (if required)
- Located in the heart of Beeston, just a short walk from the town centre and local amenities, this property is in need of a full renovation but offers fantastic scope to create a high-yielding HMO
- Cash buyers only
- This is an ideal project for seasoned investors looking to maximise returns through refurbishment and planning uplift
- Cash buyer only
- High rents - potential to out for £46,800 per year
- High rents - potential to out for £46,800 per year
- Planning for dormers
Description
This investment opportunity presents a rare chance for developers and investors to transform a 5-bedroom HMO into a 6-bedroom property with a renovated basement and potential for double dormer extensions. Located in the heart of Beeston, the property requires a full renovation but offers significant scope to create a high-yielding HMO. With planning permission in place, the proposed layout includes a basement bedroom and lounge, a communal kitchen/diner on the ground floor, and four additional bedrooms and bathrooms across the first and second floors. Once renovated, the property is expected to generate a potential gross income of up to £46,800 per annum, making it an excellent value-add opportunity in a strong rental location. However, cash buyers only will be considered due to the property's need for renovation.