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Royal Park Terrace, Hyde Park, LS6 1EX

Offers In The Region Of £300,000

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For sale
  • Four bed / Two shower room investment property
  • Renovated in recent years for the student market
  • Let for 26/27 academic year at a gross annual rent of £30,242
  • No upper vendor chain
  • Returns of 9.3% at the advertised asking price
  • Located within easy reach of main campus areas

Property details

WS Residential present this Hyde Park investment property to the market offering an attractive, recently renovated, mid-terrace home to provide a four bedroom, two bathroom student accommodation within this highly sought after location convenient for main campus requirements.

Renovated recently to include kitchen / bathroom suites, flooring & decor as well as functional upgrades the property presents a desirable offer to four individual sharers and in its current layout can be let without a HMO licence requirement. Tenants have already been secured for the 2026/27 academic year (01/07/26 - 30/06/27) on a joint & several tenancy agreement (subject to the Renters' Rights Act 2025 legislation changes) to four individuals at a passing rent of £30,242.86 per annum exclusive of bills. This represents a gross yield of 9.3% at the advertised asking price.

NB: We are aware of a dormer window extension on the property undertaken in recent years. Please note there is no planning permission against the dwelling for this work, but that a number of properties in the immediate vicinity have had similar works undertaken, meaning retrospective permission should be able to be sought.

The property also has no explicit planning consent under Article 4 Direction to change the dwelling from C3 to C4 class. However, it is believed the property's use as a House in Multiple Occupation pre-dates the introduction of the requirement and therefore consent by default.

Floor plans

floorplan

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Royal Park Terrace, Hyde Park, LS6 1EX

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