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16 Hanover Square, Hyde Park, Leeds, LS3 1AP | Asking Price: £800,000

Property Summary

  • 10 Bedroom Student Investment Property
  • All En Suite Bedrooms Let At £120 PPPW Including Bills
  • £62,400 Gross Income/c.£56,000 Net Of Bills
  • 7.5% Yield On Asking Price Net Of Stamp Duty Offer
  • Refurbished To Good Standard/HMO Licence/Letting History 10 Years+
  • Short Walk To University, Hospitals (Student Doctors, Dentists, Etc) & City Centre
  • Car Parking To Rear - Permit Parking Area
  • £50,000 Refund On Completion Towards Stamp Duty
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Michael Moore, one of the Directors at Moores, says:

“I’ve known this client for many years, a very reputable landlord, who really looks after his tenants and properties. This is one of his earlier investments which has been a reliable earner year-in and year-out, due to the size of the property and the rooms, and of course the proximity to the university. This sort of building lends itself superbly to student letting and is a superb opportunity for someone to expand their portfolio.

Rachel Abbott, the Negotiator at Moores looking after this sale, says:

“Hanover Square is one of the oldest squares in Leeds, literally a short walk from The Headrow and Town Hall in Leeds, and even closer to the universities, the LGI and dental hospital and the Park Lane campus of Leeds City College, which is literally at the bottom of the street. Our website has a brief synopsis of the Square’s history, which is well worth a read if only for general knowledge about Leeds. The Georgian houses on the opposite side of the Square were built first, and these sometime in the mid 1800’s. The residents of the Square must have been very wealthy merchants, doctors and lawyers given the size and quality of these homes compared to the many other homes built at the time in Leeds.”

Please click on any image to view in more detail

Please click on any image to view in more detail

  • EPC PDF Download View Energy Performance Certificate - opens in a new window > 16-Hanover-Square-EPC.pdf

From the steps of the Leeds University Parkinson Building, proceed along the A660 Woodhouse Lane towards Hyde Park and Headingley. Turn left at the traffic lights by the Library Pub into Clarendon Road. Proceed to the bottom of Clarendon Road and as you circumnavigate Woodhouse Square turn right in front of Park Lane College onto Dennison Road. Follow Dennison Road around the right-hand corner into Hanover Square and this property can be found on the right-hand side, overlooking the lawns and trees of the Square itself. To access the car parking area of No.16, turn right immediately after you move onto Dennison Road into Brandon Road, where the parking area for No.16 is half way up the road on the left.

A brief history of this area
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  • EPC PDF Download View full property brochure - opens a PDF in a new window > 16-Hanover-Square.pdf

Book a valuation

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.