Lady Pit Lane

Property Overview

This is an exceptional opportunity to acquire a fully licensed, fully tenanted 6-bedroom House in Multiple Occupation (HMO) situated in one of Leeds’ strongest rental areas. The property features two communal bathrooms plus an en-suite bedroom, providing attractive and versatile accommodation for tenants.

Currently producing a gross annual income of £25,260, this is a turnkey investment offering immediate income and long-term growth potential.

Key Features

• 6 well-sized bedrooms including one en-suite
• Two communal bathrooms for shared use
• Fully fitted communal kitchen and living area
• Gross Annual Income: £25,260
• HMO licence in place – fully compliant with Leeds City Council regulations
• Consistent tenant demand and low voids

Financial Overview

Gross Annual Income

• £25,260 per annum

Monthly Outgoings

• Council Tax: £103.33
• Water: £90.00
• Gas & Electricity: £250.00
• Internet: £38.00
• Cleaning: £0.00
• Total Monthly Outgoings: £481.33

Annual Outgoings: £5,775.96 per annum

Net Returns (Current)

• Net Annual Income: £19,484.04 per annum
• Net Yield: 9.1%
• Net Monthly Income: £1,623.67

(Figures based on current tenancy agreements and bills provided.)

Investment Highlights

• Fully Licensed HMO – All compliance certificates in place.
• Immediate Cashflow – Fully tenanted with an established income stream.
• Strong Rental Demand – Leeds LS11 is a key area for both working professionals and students due to its affordability and proximity to the city centre.
• Potential for Rent Uplift – With strategic upgrades (e.g., improved communal areas, refreshed décor), there is room to increase rents and further boost yields.
• Low Void Periods – Consistent tenant demand ensures stable occupancy.

Why Leeds LS11 is a Prime HMO Location

Leeds is one of the UK’s fastest-growing cities with a booming student and young professional population. LS11 in particular offers:

• Close Proximity to Leeds City Centre – Excellent transport links, shopping, and entertainment.
• High Rental Demand – The area attracts professionals working in Leeds’ thriving financial and digital sectors as well as students from nearby universities.
• Affordable Investment Prices – Offering superior yields compared to other UK cities.
• Infrastructure & Regeneration – Continued investment in the South Leeds area enhances capital growth potential.

This makes LS11 a strategic location for HMO investors, combining high yields with strong tenant demand and long-term capital appreciation prospects.

Why This Property Is a Smart Investment

• Turnkey Asset: Already licensed, compliant, and tenanted — income from day one.
• Scope to Increase Rents: Comparable properties in the area are achieving higher room rates, offering a clear path to increased revenue.
• Minimal Management Headaches: Low maintenance costs and fully compliant with regulations.
• Strong Capital Growth Potential: Leeds’ population growth and infrastructure projects will continue to drive up property values in the coming years.

Summary Table

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