High yielding Cat A Licensed HMO comprising 30 rooms subject to the tenancies as detailed in the legal pack. The property was formerly a children's home, having been adapted and improved to provide residential accommodation for university students. In addition to each room the accommodation also includes six bathrooms, three kitchens, two TV lounges, a table tennis room, a laundry, nine separate wc's together with parking, two garages and rear gardens.

Location

The property has a frontage to Mistress Lane, the continuation of Stocks Hill and Town Street, and is within a few minutes walk of the Armley district shopping centre. In addition, the property is located close to Stanningley Road, the main A647, and is conveniently placed for bus routes into Leeds city centre and the various buildings and campuses of Leeds University and Leeds Metropolitan University. The property is located approximately two miles west of Leeds city centre.

Accommodation

Ground Floor	Vestibule entrance, office, separate WC and washbasin. Inner hall, fully-tiled dining kitchen comprising a range of fitted base units, three built in ovens, all with four-ringed gas hob units, dishwasher, two freezers, three fridges, separate WC and washbasin. Storeroom, two communal living rooms, dining room, gymnasium, laundry room with two dryers and three washers. Boiler room comprising two large gas-fired central heating boilers with sensor control units, storeroom lower ground floor Kitchen with a range of fitted base and wall units, built-in oven with four-ring electric hob unit, fridge freezer
First Floor	Three bathrooms comprising panelled bath with fitted shower, WC and washbasin, three further WC’s with washbasins, kitchen with a range of fitted base and wall units, electric cooker and fridge freezer
Second Floor	Three bathrooms with panelled baths, fitted shower, WC and washbasins, two further separate WCs and washbasins.

None of the appliances have been tested by Pugh & Co and interested parties should satisfy themselves in this regard.

Outside

Limited car parking to the front of the property with two garages. There are garden areas to the side and rear.

Tenure

Unknown

Tenancy

ROOM NO	TERM	ROOM TYPE	RENT	CONTRACT RENEWS ON
ROOM 1/2	05.10.21 - 6 MONTHS	2 Rooms	£350	Mar-22
ROOM 3	21.09.21	Single	£310	Mar-22
ROOM 4	19.09.21 - 6 MONTHS	Single	£310	Mar-22
ROOM 5	01.07.21 - 6 MONTHS	Sm Single	£280	Dec-21
ROOM 6	04.10.21 - 6 MONTHS	Double	£350	Aug-22
ROOM 7	04.10.21 - 6 MONTHS	Lg Single	£325	Mar-22
ROOM 8	14.10.21 - 6 MONTHS	Single	£310	Apr-22
ROOM 9	13.10.21 - 8 MONTHS	Single	£310	Jun-22
ROOM 10	27.09.21 - 5 MONTHS	Db Kitchen	£325	Mar-22
ROOM 11	05.06.21 - 12 MONTHS	Double	£290	Jun-22
ROOM 12	26.09.21 - 6 MONTHS	Single	£310	Mar-22
ROOM 14	01.09.21 - 12 MONTHS	Ensuite	£320	Aug-22
ROOM 15	01.09.19 - 12 MONTHS	Double	£290	Aug-22
ROOM 16	11.09.21 - 9 MONTHS	Db Kitchen	£450	Jun-22
ROOM 17	08.09.21 - 6 MONTHS	Single	£310	Mar-22
ROOM 18	20.08.21 - 6 MONTHS	Single	£310	Nov-21
ROOM 19	05.10.21 - 8 MONTHS	Single	£310	Jun-22
ROOM 20/21	04.07.21 - 12 MONTHS	2 Rooms	£350	Jun-22
ROOM 22	06.10.21 - 6 MONTHS	Sm Single	£300	Mar-22
ROOM 23	27.07.21 - 6 MONTHS	Double	£330	Jan-22
ROOM 24	20.09.21 - 6 MONTHS	Lg Single	£310	Mar-22
ROOM 25	15.10.21 - 9 MONTHS	Single	£310	Jul-22
ROOM 26	17.10.21 - 6 MONTHS	Single	£310	Jul-22
ROOM 27	01.08.21 - 7 MONTHS	Ensuite	£320	Mar-22
ROOM 28	17.10.21 - 12 MONTHS	Single	£310	Jul-22
ROOM 29	23.09.21 - 6 MONTHS	Single	£310	Mar-22
ROOM 30	28.09.21 - 6 MONTHS	Single	£310	Mar-22
ROOM 31	05.11.21 - 6 MONTHS	Single	£300	Jun-22
			£8,910

The client advises that a number of students remain in the accommodation outside of the academic year providing additional income to that detailed above providing an indicative annualised income of approximately £99,120. Interested parties should satisfy themselves in this regard.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. We are advised by our client of the following: Fire precaution works include alarm system, break-glass points, emergency lighting, fire doors and smoke detectors in every bedroom and all common parts. Internet broadband is installed to all bedrooms. Each bedroom is furnished with a bed, desk, wardrobe and chair. Some bedrooms have settees and most rooms have washbasins. UPVC double glazing & Coded entry security system.
2. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.
3. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 7th DECEMBER AND CLOSES ON WEDNESDAY 9TH DECEMBER.

Addendum

The floor layout plans provided on the website are indicative only and interested parties should satisfy themselves as to the accommodation.