31 Granny Avenue, Morley, Leeds, West Yorkshire, LS27 7SN
- Unconditional Online Sale
- Offers in Excess of : £230,000
- Bedrooms: 4
- Bathrooms: 4
- Reception Rooms: 1
4-Bed All-Ensuite HMO | £29,880 Annual Income | 12.99% Gross Yield | Prime Leeds Location | Near City Centre, Employers & Amenities | Professional Tenants | Excellent Rail & Road Links | Regeneration Area | Turnkey Investment
Description
This modern, well-presented 4-bedroom, all-ensuite HMO offers a compelling high-yield investment opportunity in a prime Leeds location. Fully tenanted by working professionals, the property generates £29,880 in annual rental income, delivering an impressive gross yield of 12.99% with stable occupancy and reliable cash flow. The all-ensuite layout enhances tenant appeal and supports consistent demand, particularly given its proximity to the city centre, major employers, and local amenities. Excellent transport connectivity via direct rail links to London, Manchester, and York, alongside easy access to the M1 and M62, further strengthens its commuter appeal. Supported by the transformative South Bank regeneration and wider city growth initiatives, this property represents a resilient, high-performing investment opportunity in one of the UK’s fastest-growing and most dynamic rental markets.
Income Breakdown (Monthly)
| Room 1: £650.00 |
| Room 2: £595.00 |
| Room 3: £595.00 |
| Room 4: £650.00 |
| Total Monthly Income: £2,490.00 |
| Total Annual Income: £29,880.00 |
Expenditure Breakdown (Monthly):
| Gas: £100.00 |
| Electric: £80.00 |
| Water: £77.20 |
| Council Tax: £140.00 |
| TV License: £13.00 |
| Broadband: £30.00 |
| Cleaner: £64.00 |
| Management: Self-managed |
| Total Monthly Expenditure: £504.20 |
| Total Annual Expenditure: £6,050.40 |
Investment Performance:
| Net Annual Income: £23,829.60 |
| Gross Yield: 12.99% |
| Net Yield: 10.36% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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