Parklane Properties (Leeds) Ltd
Tel: 0113 237 0000
12 Swinegate
Leeds
West Yorkshire
LS1 4AG
Otley Road, Headingley
Asking price £467,000
4 Bedroom
- PRIME MIXED-USE INVESTMENT PROPERTY
- TOTAL INCOME: CIRCA £37,000 PER ANNUM
- YIELD 8%
- GROUND FLOOR COMMERCIAL UNIT
- FIRST & SECOND FLOOR RESIDENTIAL ACCOMMODATION
- CENTRAL HEADINGLEY LOCATION
FOR SALE – PRIME MIXED-USE INVESTMENT PROPERTY
Location: 109 Otley Road, Headingley, Leeds, West Yorkshire LS6
Asking Price: £467,000
Total Income: Circa £37,000 per annum
Yield: 8%
An exceptional opportunity to acquire a fully let mixed-use investment property situated on one of Leeds’ busiest arterial routes, Otley Road, in the heart of vibrant and ever-popular Headingley. This period property is set amongst a thriving parade of shops, bars, cafés, and restaurants, benefitting from extremely high footfall and excellent public transport links.
EPC: Band D
Council Tax: Band B
An exceptional opportunity to acquire a fully let mixed-use investment property situated on one of Leeds’ busiest arterial routes, Otley Road, in the heart of vibrant and ever-popular Headingley. This period property is set amongst a thriving parade of shops, bars, cafés, and restaurants, benefitting from extremely high footfall and excellent public transport links.
Investment Overview
•
Ground Floor Commercial Unit
Currently let to a well-established barbershop, producing an annual rental income of £16,000 with potential in March 2026 to significantly increase this rent as there is a renewal / rent review due, increasing your yield soon after the outset of your investment. The unit enjoys prominent frontage onto Otley Road and consistent foot traffic.
•
First and Second Floor Residential Accommodation
Accessed via a private rear entrance, the upper floors comprise a four-bedroom student HMOcurrently generating in excess of £21,000 per annum.
The accommodation is of an exceptional standard, thoughtfully designed to meet high student expectations and ensuring minimal void periods.
Residential Accommodation Detail
The student apartment is currently securing a full let for the forthcoming student academic year and features:
•
Four double bedrooms, each furnished with high-quality fitted furniture including bed, desk, wardrobe, and clothes storage.
•
A well-appointed kitchen with modern units and integrated appliances.
•
Stylish open-plan lounge and dining area at 1st floor level, ideal for social living.
•
Dedicated utility area at the ground floor entrance area with washer/dryer facilities.
•
Layout includes:
•
Ground Floor: Entrance, utility space, lounge/dining area
•
First Floor: Bedroom One, Kitchen, lounge / dining area
•
Second Floor (Attic): Bedrooms Two, Three and Four
Location Highlights
•
Prime position on Otley Road, Headingley – a renowned student hub and a key arterial route to Leeds city centre.
•
Close proximity to Beckett’s Park Campus (Leeds Beckett University) and within easy reach of University of Leeds.
•
Excellent public transport options with frequent bus routes to the city and universities.
•
Surrounded by a wide variety of amenities including independent retailers, supermarkets, cafés, bars, and restaurants.
Investment Potential
With a strong and secure income stream from both commercial and residential tenants, this property presents a rare and attractive proposition for investors seeking a robust return in a highly sought-after location. The current yield stands at 8% based on the asking price of £467,000, with scope for future rental growth in this high-demand area.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com