This distinctive four-bedroom period stone residence is nestled within a charming conservation area in North Leeds, offering significant renovation and investment potential. Ideally located just a short stroll from local amenities, including shops, cafes, and bars, as well as the scenic Meanwood Valley Trail and Hyde Park, this property boasts a prime position close to both universities and the vibrant Leeds city centre.
Currently configured as a five-bedroom House in Multiple Occupation (HMO) generating an annual rental income of approximately £26,000 (excluding bills) until June 2026, there is substantial scope to convert this property back into a more traditional family home. With thoughtful redesigning of the existing layout, there is the possibility of creating larger and more functional living spaces.
The ground floor features an entrance hall leading into a reception room presently utilized as an extra bedroom, along with a separate WC. The kitchen and large lounge present an opportunity for open-plan living by merging these areas to enhance modern lifestyle appeal. Upstairs hosts three bedrooms and a shower room with WC; an additional storage cupboard could be repurposed for another WC or bathroom. The top floor comprises yet another spacious bedroom accentuated by a feature fireplace.
Externally, the property offers on-street resident permit parking at the rear and features a delightful enclosed garden with established planting – perfect for a family setting. There’s also potential synergy for buyers interested in acquiring the neighbouring smaller property that is available for sale. Viewing is highly recommended to appreciate the extensive improvement opportunities available, all subject to necessary consents.