The Leeds Student Rental Market Property Blog

This blog follows the student buy-to-let market in Leeds from the LANDLORDS point of view. You'll find tips, guidance, and analysis that relates specifically to Leeds and you'll also find student properties from all the estate agents in the town on here that may make decent investments. I operate Springwell Easylet in Leeds and if you're thinking of buying a property to let in Leeds to students, as I don’t sell property (just rent them) I'm happy to offer a second unbiased opinion

Tuesday, 6 January 2015

4 bed in the centre of Hyde Park with good potential yield




http://www.rightmove.co.uk/property-for-sale/property-47629141.html

This great little 4 bed came on the market just before Christmas.  It's on School View, just between the Norwoods and the Weltons, and just a couple of minutes walk from the Sainsburys on Brudenell Road, so in a fantstic location.

It needs some work - a new kitchen and main bathroom, carpets and re-decorating, and I'd be tempted to put a Jack and Jill bathroom on the top floor as well between the two attic bedrooms, so you'll be looking around £15,000 for a basic re-furb.  But if you could get it for under asking and do the work then it'll let all day long at a minimum £79pppw, so you'd be looking at around 10% return.