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Oakwood Avenue, Oakwood, Leeds, West Yorkshire, LS8

££575,000

7 Bedroom End of Terrace House For Sale

SUMMARY

An excellent investment opportunity has arisen to purchase this large Victorian terraced (freehold) property which has been split into 7 flats. The flats when fully tenanted will generate £43,740pa with a potential uplift of 15% on these with development work carried out. Located just behind Oakwood shops and just a few minutes walk from Roundhay Park.

LOCATION

Oakwood Avenue is located just 3 miles north east of the city centre. A main bus route with a frequent service to the city centre and beyond is available from Roundhay Road just a stone's throw from here. Also within a few minutes walk is the ever popular Roundhay Park, and Oakwood shops where a range of superb bars, restaurants, cafes, and independent retailers can be found. This area continues to be one of the most popular locations in all of Leeds for professional tenants.

2 OAKWOOD AVENUE, OAKWOOD AVENUE, LEEDS, LS8 2HZ

Split into 7 x 1 bed flats as follows
Ground Floor Flat Left – Currently generating £475 pcm with the tenant on a periodic tenancy

Lounge
Open plan living area with bay window to the front elevation. Built in appliances along the far wall.

Bedroom
Double bedroom with the shower room off the bedroom. Window to the rear elevation.

Bathroom
Standing shower with W/C and WHB.

Ground Floor Flat Right – Currently generating £475 pcm with the tenant on a periodic tenancy

Lounge
Own living area with a bay window to the front elevation. With all rooms leading off the main room.

Bathroom
Standing shower with W/C and WHB.

Kitchen
Built-in 4 ring hob with sink/drainer on the work surfaces.

Bedroom
Double bedroom with a window to the rear elevation.

Middle Floor Flat – Currently rented out at £650 with a tenant on a periodic tenancy


Top Floor Flat – Currently generating £450 pcm with the tenant on a periodic tenancy

Lounge/Kitchen
Open Plan spacious area with sky light to the front elevation. Kitchen has built in 4 ring hob on the work surfaces with sink/drainer.

Bedroom
Double bedroom with sky light to the front elevation and having the bathroom in the same room.

Bathroom
W/C, WHB and Bath unit in.

Side Flat – Currently rented out at £425 with a tenant on a periodic tenancy

Open plan layout with the spacious living area flowing into the kitchen and bedroom. Single sized bedroom with built in appliances in the kitchen for sink/drainer and hob. Bathroom is separate room with a W/C, WHB and Standing shower unit.

Rear Right Flat – Currently generating £600 pcm with the tenant on a periodic tenancy

Duplex flat with a small entrance hall before heading in to the bedroom on your right or up the stairs for the open plan living area and kitchen.

Bedroom
Spacious double bedroom with windows to the rear elevation of the property. Leading through to the bathroom.

Bathroom
Large shower unit with W/C and WHB.

Lounge/Kitchen
Up the stairs from the entrance hall is the open plan living area. Again appliances for the sink/drainer and hob are built in with plenty of work surface space.

Rear Left Flat – Currently rented out at £475 with a tenant moving in to the room end of September.

Entrance hall which has the bedroom/bathroom off to the right hand side with the living area and kitchen straight ahead.

Bedroom
Double bedroom with window to the rear elevation and flowing through to the bathroom.

Bathroom
Standing shower unit with W/C and WHB.

Lounge
Spacious living area with cupboard storage space in the far right hand corner. Leading through doors to the kitchen.

Kitchen
Built in hob and oven with sink/drainer in the right corner. Also has plenty of work surfaces.
 

Tenure: Please confirm with Dwell Leeds whether this property is freehold or leasehold

Floorplans

floorplan

EPC

property epc

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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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