The Crescent, Leeds 6 bed character property for sale

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The Crescent, Leeds 6 bed character property for sale

The Crescent, Leeds
£525,000

Price History

Initial price £600,000
25/10/24 £575,000
02/05/25 £525,000
Price Change -12.50%

Description

This five-storey period property on Hyde Park Corner in Leeds is a prominent and substantial building that offers a unique investment opportunity. The property consists of a vacant six-bedroom HMO and two commercial units on the ground and lower ground floors, let at a total rent of £17,500 per annum. The HMO is accessed from the rear of the property and features six bedrooms, a lounge, kitchen, bathroom, and shower room. The property is street-lined to the front and has a yard to the rear, with limited parking available. The commercial units are let until 2028 and 2027, respectively, and the property is being sold with vacant possession of the HMO. With a potential total income of around £50,000 per annum, this property is likely to appeal to experienced investors looking for a lucrative investment opportunity.