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10 Rokeby Gardens, Headingley, Leeds, LS6 3JZ | Guide Price: £350,000

Property Summary

  • Investment Property Producing £36,760 Per Annum Incl. Utility Costs
  • Estimated Net Of Utility £31,700 PA Offering 9% Yield
  • 6 Bedrooms With Dedicated En Suite Or Bathroom Facilities
  • Separate Lower Ground Floor Studio Flat
  • Room-By-Room Lettings
  • Extensively Upgraded & Refurbished In Recent Years
  • Short Walk To Beckett Park, Shops In Headingley & Train Station
  • Still Has Rental Growth Potential
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Michael Moore, Moores Senior Partner, says:

“We sold this to our current client many years ago. The previous owner had been letting this as an HMO for years before that. This is an established student letting area, predominantly due to the short walk across the park to the Beckett Park University Campus, but in recent years I’ve seen more and more of these HMO’s being let to professional tenants; there’s clearly a growing demand for affordable accommodation for young professionals. With double the demand and the recent Tenant Fee Ban introduced by Government, I can see rents rising substantially for this type of accommodation over the next few years.”

Kristy Marsden, the Negotiator at Moores looking after this sale, says:

“Many of the investment properties for sale in the area are returning headline yields of 8% and less, which is why many are not selling. This client has taken Michael’s advice and is realistic in offering this with a 9% yield, coupled with the prospect of some rental growth.”

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  • EPC PDF Download View Energy Performance Certificate - opens in a new window > 10-Rokeby-Gardens-EPC.pdf

From the centre of Headingley by the Headingley Central shopping centre (on the left) proceed south along the A660 Otley Road turning right at the first set of traffic lights into North Lane. Follow the road around to the left and continue through the traffic lights at Cardigan Road onto Kirkstall Lane. With the famous cricket ground on your left continue through the lights at the pedestrian crossing and take the third right after the crossing into Estcourt Avenue. Continue up Estcourt Avenue, over the junction with Canterbury Road, over the next junction with Canterbury Drive and at the next junction (Ash Road) continue diagonally across to the left into Rokeby Gardens, where this property can be found on the right-hand side.

A brief history of this area
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  • EPC PDF Download View full property brochure - opens a PDF in a new window > 10-Rokeby-Gardens-1.pdf

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Whether you’re relocating and need to rent your home out, thinking of extending, doing home improvements or moving home in the near future, the best starting point is a FREE NO OBLIGATION VALUATION from one of our experts. Call 7 days on 0113 274 2033 to book your appointment – no pressure, no hassle, just straight talking, sensible, advice. We’re available 6 days a week for sale and rental valuation advice.