available
£429,995
This fully licensed HMO on Balm Road is an investment opportunity with nine bedrooms, each featuring its own en-suite shower room. There are two modern communal kitchens, catering to the needs of multiple tenants, making it a practical choice for an HMO setup. The property is designed for convenience and efficiency, ensuring a steady rental income.
Located close to the city centre of Leeds, residents can benefit from easy access to local amenities and transport links. The area is known for its vibrant community and excellent connectivity, providing everything needed for comfortable living. With private on-site parking available, tenants will find added convenience in their daily routines.
This property presents an attractive investment with a monthly rental income of £4,510 and a projected ROI of 14%. With the property already fully licensed as an HMO, it offers a seamless transition for investors looking to expand their portfolio. Don't miss out on this opportunity; enquire now for more details.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
