Richmond Mount, Leeds, West Yorkshire

6 2 1

£400,000 Asking Price House of multiple occupation for sale

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Description

This well-presented, fully licensed 6-bedroom HMO offers a secure, student-focused investment in a prime West Yorkshire location. Fully let to students, the property generates £41,184 in annual rental income, delivering a solid gross yield of 10.30% with reliable academic-year occupancy and repeat demand. Ideally positioned close to universities, local amenities, and established student hubs, it benefits from consistently strong tenant demand. Excellent transport connectivity via rail and bus links to Leeds, Bradford, and surrounding areas, alongside easy access to the M62 and M1, further enhances its appeal. Supported by ongoing city centre regeneration, university expansion, and infrastructure investment, this property represents a dependable, low-void investment opportunity in one of West Yorkshire’s most resilient student rental markets.

Committed Sale Process

This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.

If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.

Full details of the Committed Sale process are available within the legal pack or from the HMO X team.

Gross Yield: 10.30%

Income Breakdown (Monthly):

Room 1: £572.00 Room 2: £572.00 Room 3: £572.00 Room 4: £572.00 Room 5: £572.00 Room 6: £572.00 Total Monthly Income: £3,432.00 Total Annual Income: £41,184.00 *Already let for 26-27 with a gross annual income of £41,496*

Expenditure Breakdown (Monthly):

Gas, Electric, Broadband, TV License & Content Insurance: £792.00 (Tenants pay £132.00 pcm for bills package with UniHomes - This is deducted from their monthly rent) Council Tax: N/A Management (10%): £343.20 Total Monthly Expenditure: £1,135.20 Total Annual Expenditure: £13,622.40

Investment Performance:

Net Annual Income: £27,561.60 Gross Yield: 10.30% Net Yield: 6.89%

Reference: XFG-76905832

Area Description

No area description is available for this property.

Additional Details

Bedrooms: 6 Bedrooms
Bathrooms: 2 Bathrooms
Receptions: 1 Reception
Kitchens: 1 Kitchen
Dining Rooms: 1 Dining Room
Tenure: Freehold
Rights and Easements: Article 4 Area
Risks: Ask Agent

Additional Features

Investment Opportunity

Broadband Speeds

Download: 16mbps - 1800mbps
Upload: 1mbps - 1000mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

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Features

Property Layout – 6 rooms, 2 bath HMO, well-presented and fully licensed
Tenant Type – Fully let to students, providing reliable academic-year rental income
Strategic Location – Prime West Yorkshire location close to universities, amenities and student hubs
Transport & Connectivity – Excellent rail and bus links to Leeds, Bradford & surrounding areas, plus easy M62/M1 access
Regeneration Benefits – Ongoing city centre, university and infrastructure investment boosting demand
High Rental Income & Yield – Gross annual income £41,184 delivering 10.30% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.