Stanmore Street, Leeds

Property Details: - Type: Terraced house - Bedrooms: 7 - Bathrooms: 3

Agent: Castlehill Estate Agents - Leeds Phone: 0113 427 9281

<br/><strong>A VERY WELL MAINTAINED SEVEN BEDROOMED END TERRACE CURRENTLY LET TO FIVE OCCUPANTS UNTIL 30TH JUNE 2026 AT £31,070 EXCLUDING BILLS, SITUATED IN THIS POPULAR AND VERY CONVENIENT LOCATION, A SHORT WALK TO BURLEY PARK TRAIN STATION, HEADINGLEY CRICKET AND RUGBY GROUNDS AND THE EXTENSIVE AMENITIES, SHOPS, BARS AND RESTAURANTS IN HEADINGLEY.<br/><br/></strong><p><strong>CLICK ON </strong><strong>VIRTUAL TOUR</strong><strong> OR ON </strong>'<strong>FULL DETAILS</strong>'<strong> FOR LOTS MORE INFORMATION ABOUT THE PROPERTY, THE LOCAL AREA, TRANSPORT LINKS AND SCHOOLS.</strong></p><p> </p>Providing well planned and modern accommodation, comprising an entrance hall, lounge, bedroom and shower room w/c on the ground floor, a modern fitted dining kitchen with breakfast bar and w/c off on the lower ground floor, three bedrooms and a bathroom w/c on the first floor and three further bedrooms, a shower room and a separate w/c on the top floor. There is a neat low maintenance garden to the front and an attractive, sunny aspect, enclosed courtyard style garden with block paving to the rear.<br/><br/>The property has potential to increase rents to in excess of £36,500 when let to seven, so this must represent a great opportunity for investors. The seller has a HMO Licence until 18th June 2027 and the property has Sui Generis lawful use as a seven bedroomed HMO. The sale is not subject to any letting management tie-in, allowing buyers to self manage or appoint their preferred agent.<br/><br/>Internal viewing strongly advised of this well run investment concern.<br/><br/>Following the recent introduction of the Rent Reform Act, unless further changes are made, from the 1st May 2026, the above tenancy will automatically transfer from an assured shorthold tenancy agreement to periodic tenancy agreement, therefore the tenancy termination date will no longer apply.<br/><br/><p><em>Tenure – Freehold. Possession – The property is being sold subject to the existing tenancy agreements or vacant possession by negotiation.</em></p><p><em>Under UK Law, Estate agents are required to carry out Anti Money Laundering (AML) checks in line with regulations and guidance set out by HMRC. These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers. For any intending purchaser, we will require evidence of funding to support any offer. On receipt of a successful offer, we will also carry out an electronic identity check on each purchaser. We may also need to request photographic identification and/or proof of address. The fee for these checks is £36 including vat per purchaser.</em></p><br/><br/>Tenure<br/>Freehold<br/><br/>Possession<br/>Sold subject to existing tenancies<br/><br/>Council Tax Band: C<br/>Tenure: Freehold