£190,000
6 bed end terrace house for saleBurlington Road, Leeds LS11
6 beds
6 baths
1 reception
EPC Rating: C
- Freehold
Crown Estate Agents (Castleford)
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About this property
Investment Opportunity
Planning Permisison in Place
Certificate of Lawfulness in Place
6 Bedroom 6 Bathroom
High Yeild
Great Buy to Let Area
Cash Buyers Only
EPC C
Investment opportunity to convert this property into a 6 bedroom HMO with en-suite bathrooms in each room. This property comes with planning permission for this to be a 6 bedroom HMO, front and rear dormer's extensions and a certificate of lawfulness.
The HMO market within this area is buoyant and you should expect to achieve £600-£650pcm per room giving potential to out for £43,200 per year. Working to a £250,000 budget to include refurbishment, you should expect a net yield of approx. 17.28% (before costs).
Proposed layout once converted:
Basement: 1 x Bedroom & Lounge
Ground Floor: 1 x Bedroom, Communal Kitchen/Diner
First Floor: 2 x Bedrooms, 3 x Bathrooms
Second Floor: 2 x Bedrooms
Outside: Small flagged gardens to both front and rear
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