6 Bed Terraced House For Sale Burchett Place, Leeds, LS6

£510,000- Terraced

1 of 8
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 21st April 2024

Description

A SUPERB SIX BEDROOMED FULLY INVESTMENT PROPERTY WITH EACH BEDROOM HAVING AN EN-SUITE SHOWER ROOM W/C, ATTRACTIVELY LET UNTIL 30th JUNE 2025 @ £49,608 p/a (inclusive of bills)!!\r
\r
Situated in this increasingly popular and highly convenient location, just a few minutes walk to the main University campus' and Leeds city centre.\r
\r
Providing stylishly presented and deceptively spacious accommodation with modern decor and furnishings, comprising six impressive en-suite double bedrooms, a lounge with wall mounted tv and a stunning fully fitted contemporary kitchen. Externally there is a small frontage and a yard to the rear.\r
\r
The sale is subject to the purchaser retaining the current management letting agent, Springwell, until at least the remainder of the existing tenancy agreements. Lettings management enquiries should be directed to Springwell. The sellers have a HMO Licence for 6 persons until 18th January 2027 and a C4 (HMO) lawful use certificate.\r
\r
The property is currently let until 30th June 2024 at £48,360 p/a including bills (£40,872 p/a net) and re-let from 1st July 2024 to 30th June 2025 at the increased rent of £49,608 p/a including bills (£42,120 p/a net) an attractive yield of circa 8.25%!\r
\r
A FANTASTIC OPPORTUNITY, IDEAL FOR BUYERS SEEKING A HIGH END READY MADE INVESTMENT!\r
\r
CLICK ONVIRTUAL TOUR OR ON 'FULL DETAILS' FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.\r
AML: Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer and we will carry out an electronic identity check. We may also need to request photographic identification and/or proof of address.
Agent Details
Castlehill
21 Otley Road, Headingley, Leeds, Yorkshire, LS6 3AA

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 6 bedroom property. See more properties like this.

£375,000
Leeds, LS6
Terraced
6.8
£485,000
Leeds, LS6
Terraced
5.1
£550,000
Leeds, LS6
Terraced
4.5
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested