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"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 HMO consent in place. The property as a whole has been incoming an impressive £2090pcm gross or £25,080pa giving a yield on asking price of 9.6%.

Please note the house now requires a program of modernisation throughout. The photos are shown prior to tenants taking occupation and are not indicative of current condition.

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.

The house
A 4 double bedroom house arranged over 3 floors with 2 shower rooms, communal lounge, and separate kitchen let to tenants on individual AST s.

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. Has recently come vacant but was last let for £380pcm including bills.

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 £600pcm on a periodic tenancy.

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.

FREEHOLD LEASEHOLD DETAILS

Freehold to be transferred to new owner with the sale.
Each property has its own leasehold title so could be sold separately in future.

Lease term on separate titles 987 years
Service charge £0
Ground Rent £0

Services
There is a gas meter serving the Basement Flat and a further gas meter serving the house. There is one electric meter and one water meter for the property.

Additional
Furniture and white goods included in the sale

Council Tax Band B
Tenure Freehold"