22 Bank Street
Castleford
WF10 1JD
Burlington Road, Leeds
£190,000 Sold (STC)
6 Bedroom House - End Terrace
- 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
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.
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