Leeds, LS15 7AQ | Investment Property for Sale | VES-LS15-002

Opportunity to purchase a HMO property in Leeds generating £36,456 rent pa & gross yield of 8.6%


HMO Semi-Detached House




Based on

deposit: £106,250

stamp duty: £12,750

mortgage fees: £1,500

conveyancing fees: £1,000






Long-term tenant

Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.

Benefits include:

  • Steady income
  • Minimised wear and tear
  • Fewer void periods

The property





8 bedrooms

7 bathrooms

1 reception room


Fully Furnished

Property information

  • Spread over 3 floors
  • Licenced for 7 bedrooms, new owner can apply for the 8th room on the new licence
  • Property comprising of:
    • 1 x 1-bed flat
    • 7 x studio flats
  • EPC rating C
  • Monthly rental income £3,073

Rental information

  • Room 1 - £385 pcm - Let - Tenant has been in-situ for over 12 years
  • Room 2 - £399 pcm - Let
  • Room 3 - £325 pcm - Let - Tenant has been in-situ for over 12 years
  • Room 4 - £335 pcm - Let - Tenant has been in-situ for over 5 years
  • Room 5 - £399 pcm - Let - Tenant has been in-situ for over 4 years
  • Room 6 - £390 pcm - Let
  • Flat 7 - £460 pcm - Let
  • Studio flat - £345 pcm - Let
  • Total rent pcm £3,038
  • Total rent pa £36,456

Additional income:

  • Approximately £1,900 pa from electric token meters and washing machines

The vendor informed us that there is potential to increase the rents to £3,258 pcm, but that they're happy with the rents as they are.

Running costs

  • Council tax & water bill: approximately £1,500 pa
  • The tenant of the 1-bed flat pays for their own utilities


Please note that Vesta has not visited this property and that all material has been provided by the vendor.


Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Leeds

Leeds is a city in West Yorkshire. It is situated around 9 miles east of Bradford, 33 miles north of Sheffield and 39 miles northeast of Manchester.

This city is serviced by Leeds railway station, which acts as the terminus station of the East Coast Main Line and is the third busiest railway station outside of London. This station is managed by Network Rail and operates services by London North Eastern Railway, CrossCountry, TransPennine Express, Northern and East Midland Trains. This station is also used by the Metrotrain network in West Yorkshire and operates the following lines; Leeds Branch of the East Coast Main Line to London King’s Cross, Midland Main Line to London St Pancras, Airedale Line to Keighley/Skipton/Carlisle, Hallam Line to Castleford/Wakefield/Barnsley/Sheffield and many more. CrossCountry offers routes between Scotland, the Midlands and the south west of England.

The city of Leeds has an extensive retail area which is identified as the principal regional shopping centre for the whole of the Yorkshire and the Humber, generating on average £1.93bn turnover annually. There are several indoor shopping centres in the city centre such as the Merrion Centre, St John’s Centre, The Core and The Victoria Quarter to name a few. Between these shopping centres there are well over 1,000 retail stores spread across a combined floorspace of 3,660,000 square feet. The heart of this retail centre is around the largely pedestrianised Briggate where one can find all well-known British high street stores including Marks & Spencer, House of Fraser, Debenhams and Harvey Nichols. The Victoria Quarter is one of the more notable shopping centres due to its collection of around 70 high-end luxury retailers such as Louis Vuitton and Vivienne Westwood spread across two Victorian arcades.

Leeds has one of the most diverse economies of all of the UK’s main employment centres and has recently seen the largest growth in private-sector jobs in the whole of the UK. Leeds is hailed as the largest centre outside of London for financial and business services. Leeds has over 30 national and international banks that operate from the city including Barclays, Santander and RBS, as well as the headquarters of Yorkshire Bank and First Direct. Other major companies that are based in the city include William Hill, ASDA, Direct Line and many more. Leeds is also the UK’s third-largest manufacturing centre and 50% of the UK’s manufacturing firms are within a two-hour drive of Leeds.

For all these reasons and more Leeds has become a very popular location for young professionals and many graduates stay on in Leeds once they have finished their studies. Recent years have even seen an influx of graduates from all over the country due to the high number of graduate apprenticeship programmes and this demographic is the perfect target for HMOs in the city.

Hollyshaw Walk,


West Yorkshire,


LS15 7AQ

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