9 Barras Street, LS12 4JS
£165,000
Asking Price £165,00013.012 % Gross Yield£21,470 PA Gross IncomeFully Tenanted4 Bed 4 Bathroom HMO1.5% Buyers fee appliesIn partnership with our award-winning sister company, Now Rooms Liverpool, we are delighted to bring to market this exceptional, high-yielding HMO investment opportunity.
Situated in the established and popular residential area of Upper Wortley, Leeds, this well-presented 4-bedroom, 4-bathroom House in Multiple Occupation (HMO) is offered for sale fully tenanted with tenants in situ, providing the purchaser with an immediate income-producing investment from completion.
The property is well presented throughout and has been configured to provide practical, modern shared accommodation ideally suited to the professional HMO market.
Bedrooms:
The property comprises four double bedrooms, with each bedroom benefiting from its own en-suite, providing tenants with a high level of privacy and convenience.
Communal Accommodation:
A modern shared kitchen forms the main communal area and is fully equipped with appliances, providing a functional and attractive space for tenants.
External:
Externally, the property benefits from a low-maintenance rear yard, together with on-street parking.
Investment & Financial Performance:
Asking Price: £165,000
Gross Annual Rental Income: £21,470
Gross Yield: 13.012%
Occupancy: 100% Fully Occupied
4 Double Bedrooms
4 En-Suite Bathrooms
Tenants in Situ
Immediate Income from Completion
1.5% Buyer’s Fee Applies
The Investment Opportunity:
This property represents an excellent opportunity to acquire a ready-made, fully operational HMO investment with an established rental income already in place.
Generating £21,470 per annum in gross rental income and offering an impressive 13.012% gross yield based on the asking price, the property may appeal equally to experienced landlords looking to expand their portfolio and investors seeking their first income-producing HMO.
With the property currently 100% occupied and sold with tenants in situ, the incoming purchaser can benefit from an established income stream from the point of completion.
Location:
Situated within the established residential area of Upper Wortley, Leeds, the property is understood to be positioned just outside the Leeds Article 4 Direction area.
The location provides convenient access to Leeds city centre, surrounding employment areas, local shops and amenities, as well as public transport connections. Its accessibility and proximity to the city make the area well suited to professional and working tenants seeking quality shared accommodation.
This combination of strong rental income, full occupancy and an attractive gross yield makes the property a compelling turnkey investment opportunity.
Early viewing is highly recommended. Contact our team today for further information or to arrange a viewing.
Please note: A buyer’s fee of 1.5% applies. Prospective purchasers are advised to undertake their own due diligence regarding HMO licensing, planning use, Article 4 status, tenancy documentation and all other matters relevant to the investment prior to exchange of contracts.
