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9 bedroom semi-detached house for sale in Otley Road, Leeds 6, LS16 | 2024 Vehicle for Sale in Lee1

Castlehill, Headingley

This listing was posted on Castlehill, Headingley (via ListedBuy).

£710,000

9 bedroom semi-detached house for sale in Otley Road, Leeds 6, LS16

Price:
£710,000
Summary:
New 2024
Location:
Leeds, W Yorks
Description:

FANTASTIC INVESTMENT OPPORTUNITY! 8% GROSS YIELD, FULLY LET UNTIL 30th JUNE 2025! A SUBSTANTIAL SEMI-DETACHED PROPERTY SPLIT INTO THREE SELF CONTAINED FLATS WITH A LARGE CAR PARK TO THE REAR, SITUATED IN ONE OF NORTH LEEDS MANY CONSERVATION AREAS, IN A HIGHLY CONVENIENT LOCATION IN FAR HEADINGLEY, A SHORT WALK TO THE LOVELY OPEN SPACES OF BECKETT'S PARK, HEADINGLEY'S EXTENSIVE AMENITIES AND WITH EASY ACCESS INTO LEEDS CITY CENTRE AND THE VARIOUS UNIVERSITY CAMPUS'. CLICK ONVIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS. The front entrance provides access to a five bedroom spacious first and second floor duplex flat with each bedroom having its own en-suite shower room w/c. The side entrance provides access to 2 x two bedroomed flats, one on the lower ground floor, one on the ground floor. All three flats are all currently let until 30th June 2024 with a total attractive gross sale of £54,608 p/a excluding bills. Lower ground floor flat - £10,400 p/a Ground floor flat - £13,008 p/a First & second floor flat - £31,200 p/a The flats are all re-let from 1st July 2024 to 30th June 2025 with an increased annual gross sale of £56,940 p/a excluding bills as follows: Lower ground floor flat - £11,960 p/a Ground floor flat - £13,000 p/a First & second floor flat - £31,980 p/a The seller also obtained planning permission which has now lapsed for an extension to the rear and conversion of the property into four flats (three x two bedroomed flats and a one bedroomed flat). Planning reference 17/06606/FU. There was also a further lapsed planning permission for a detached outbuilding to the rear and car park re-arrangement, planning reference 19/02149/FU. Full details on both permissions available on Leeds City Council planning website. The property has pedestrian access at. Still available at ListedBuy!
Posted:
May 26 on ListedBuy
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More About this Listing: 9 bedroom semi-detached house for sale in Otley Road, Leeds 6, LS16
9 bedroom semi-detached house for sale in Otley Road, Leeds 6, LS16 is a 2024 Vehicle for Sale in Leeds WYK. Find other listings by searching for 2024 Cars and Vehicles in Leeds on Oodle Classifieds.