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Melville Place, Woodhouse, Leeds, West Yorkshire, LS6

Sold

5 Bedroom House Sold

SUMMARY
**Attention investors!** An opportunity to purchase a 4 bedroom house which is let room-by-room, and a 1 bedroom basement flat which is also let. Each unit has its own title and the house has C4 planning in place. The current income is an impressive £1935pcm gross or £23,330pa giving a yield of 8.9%.

LOCATION
Melville Place can be found in the very popular Woodhouse in LS6. Tenant demand is very high with both professionals, and students due to the proximity of the university. Leeds city centre is easily accessed via Meanwood Rd and is only 1.5 miles away. Hyde Park is a short walk from the doorstep, and the centre Headingley is also within walking distance making this a very convenient location.

COMPRISING
The house
A 4 double bedroom house arranged over 3 floors with 2 shower rooms, communal lounge, and separate kitchen let to 4 tenants on individual AST's. C4 planning permission is in place.

GROUND FLOOR
Accessed from a front communal entrance door and via a kitchen door

Kitchen-diner
Spacious kitchen having wood effect units and laminate flooring.

Lounge
Communal living space having windows into a bay. Laminate flooring.

FIRST FLOOR
Stairs lead to the first floor landing

Shower Room 1
Modern shower room on the front elevation having a shower enclosure with electric shower, WC, and wash basin.

Bedroom 1
Medium sized double bedroom to the front elevation. Currently let for £350pcm including bills on a periodic tenancy.

Bedroom 2
Small double room to the rear elevation. Currently let for £325pcm including bills on a fixed term tenancy until July 2022.

Shower Room 2
Shower room on the rear elevation having a shower enclosure with electric shower, WC, and wash basin.

SECOND FLOOR
Stairs lead to the 2nd floor where a further 2 generous double bedrooms can be found.

Bedroom 3
Double bedroom to the front elevation. Currently let for £370pcm including bills on a periodic tenancy.

Bedroom 4
Large double bedroom to the rear elevation. Currently let for £390pcm including bills on a periodic tenancy.

BASEMENT FLAT
Accessed from the communal ground floor entrance, stairs lead to a converted 1 bedroom basement flat. The flat is currently let for £500pcm on a fixed term tenancy until June 2022. This tenant for the flat pays their own bills and council tax.

Lounge and open plan kitchen
A spacious living area open to a modern kitchen. Laminate flooring
Bedroom
A generous double bedroom
Shower Room
Newly installed contemporary shower room having shower enclosure, WC, wash basin, and heated towel warmer.

LEASEHOLD DETAILS
Title
Each property has its own title.

Services
The services have been split so each property has its own gas, electric, and water supplies. Each property is also on the council tax register.

Lease
Term: 990 years
Service charge: £0
Ground Rent: £0
Freehold to be transferred to new owner with the sale.

Additional
Furniture and white goods included in the sale
 

No floorplans available for this property

EPC

property epc

Documents

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Office Details

Dwell Leeds
5-6 St Chads Parade
Otley Road
Leeds
LS16 5JH

0113 246 4860
info@dwell-leeds.com

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