Eleven-bedroom investment property

This end-terraced house comprises 11 bedsits, each with a master key system, kitchen facilities, and a shower. Shared bathrooms and laundry facilities are available. The property is fully tenanted with young professionals and mature students, boasting a strong letting history with 100% occupancy for the last 5 years. It generates a substantial gross rent of £92,716pa (net rent £79,735pa), with bills for Wi-Fi, tenant belongings insurance, electricity, gas, and water included in the rents. The landlord is responsible for council tax. The property benefits from CCTV (included in sale), large front and rear gardens, and three off-street parking spaces to the rear. All relevant certifications, including the HMO licence, EICR’s, gas safety checks, and fire safety certificate, are available within the legal pack. Located in Chapel Allerton, a popular suburb north of Leeds city centre, it is conveniently situated near Chapel Allerton Hospital, with shops, supermarkets, and schools within walking distance. Regular bus routes to Leeds city centre are available outside the property, making it popular with commuters. This property is for sale via traditional auction on October 21st, with a 6-week completion. The current vendors have owned the property since the 1980s and are selling due to retirement.