REF_HKI3055

Purchase Price:

Currently Tenanted:

Room Rates (Bills Inc) PW:

Est. Mortgage Payment PCM:

Est. NET Profit PCM:

Est. NET Profit PA:

Gross Yield:

£495,000

Yes

£94

£616

£2,954

£35,447

11%

Hotkey Invest are proud to offer this fantastic 11 bed HMO for sale in the sought after location of Headingley. 

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This property Comprises of 11 double bedrooms set over 4 floors, The property also comprises of 2 Living rooms, 3 Bathrooms, 2 kitchens and 2 allocated parking spaces.

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This property holds a full HMO licence for up to 11 people. 

We understand the property is in need of minor refurbishments but is currently fully tenanted for the current academic year at the rent of £53,220 per annum.

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Headingley is a suburb of Leeds, West Yorkshire, England, Approximately two miles out of the city centre. Headingley is the location of the Leeds University Beckett Park campus and Headingley stadium.

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As Headingley is close to both University campuses, it has become a very popular area for both students and young professionals. The student population has brought money into the area making it a sought after location for property investment, both commercial and residential. It hosts a shopping complex consisting of retail, bars offices and restaurants. Leeds itself hosts in excess of 60,000 students!

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EPC Rating: D58

We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

Hotkey Invest,

4 High Street, Wem, Shrewsbury, SY4 5AA

IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.