5 Bedroom House Sold
**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%.
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.
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.
Accessed from a front communal entrance door and via a kitchen door
Spacious kitchen having wood effect units and laminate flooring.
Communal living space having windows into a bay. Laminate flooring.
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.
Medium sized double bedroom to the front elevation. Currently let for £350pcm including bills on a periodic tenancy.
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.
Stairs lead to the 2nd floor where a further 2 generous double bedrooms can be found.
Double bedroom to the front elevation. Currently let for £370pcm including bills on a periodic tenancy.
Large double bedroom to the rear elevation. Currently let for £390pcm including bills on a periodic tenancy.
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
A generous double bedroom
Newly installed contemporary shower room having shower enclosure, WC, wash basin, and heated towel warmer.
Each property has its own title.
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.
Term: 990 years
Service charge: £0
Ground Rent: £0
Freehold to be transferred to new owner with the sale.
Furniture and white goods included in the sale