5 bedroom end of terrace house for sale

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5 bedroom end of terrace house for sale

Burlington Road, Leeds, West Yorkshire LS11
£200,000

Our Summary

  • Investment Opportunity – 5-Bed HMO with Planning Permission to Convert to 6 Beds – Cash Buyers Only
  • A 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 is a 5-bedroom HMO in Beeston that requires a full renovation, but has planning permission to convert the basement into a sixth en-suite bedroom and lounge, as well as potential for double dormer extensions. The property is located in the heart of the town centre, just a short walk from local amenities, and offers fantastic scope to create a high-yielding HMO. With a proposed layout that includes a basement bedroom and lounge, a ground floor bedroom, communal kitchen/diner, and three bathrooms, this property has the potential to generate a gross income of up to £46,800 per annum. Cash buyers only are being considered, making this an ideal project for seasoned investors looking to maximize returns through refurbishment and planning uplift.