Property management in Roundhay, Leeds

2 bed rent

£1,145 a month

3 bed rent

£1,305 a month

Typical sale price

£375,915

Gross yield

3.3%

Read around LS8. Rents are advertised rents; the sale price is the average of completed sales in the last twelve months.

Roundhay, to the north east of Leeds city centre, is one of the more expensive suburbs in the city, with rents above the Leeds average, supported by its large Victorian and Edwardian villas, substantial semis and its proximity to Roundhay Park, one of the largest urban parks in Europe. The area has a distinctly leafy, residential character.

Street Lane forms the commercial heart of Roundhay, with a range of independent shops, cafés and restaurants, while the A58 provides the main route into Leeds city centre. There is no railway station in Roundhay itself, with Leeds station the nearest mainline stop, so residents typically rely on cars or bus services for longer journeys.

The tenant base in Roundhay is largely professionals and families, drawn by the quality of housing, the park and good local schools, with relatively little demand from undergraduate students given the distance from the university campuses and the size and cost of much of the housing stock. Some staff from St James's University Hospital also live in the area.

For a landlord, Roundhay's larger, higher-value properties tend to attract tenants who plan to stay for a longer period, reducing the frequency of tenant changeovers compared with smaller city centre flats. The premium associated with the park and the area's reputation means a smaller pool of prospective tenants, but generally a well qualified one. The scale and quality of Roundhay Park itself, with its lakes and gardens, remains one of the strongest draws for tenants choosing the area over other parts of Leeds.

• Rent collected and paid to you within 3 working days of your tenant paying
• Your rent held in a ring-fenced client account, separate from Caso's own money, until it is paid to you
• Tenant calls and messages answered 24 hours a day, every day
• Repairs assessed, priced and arranged for you, charged at the contractor's invoice with no markup
• A monthly statement for each property, with every invoice attached, in your portal
• Late rent chased from the first day it is overdue, with a dated record
• Tenancy agreement drawn up and signed online
• Renewals, changes of tenant and legal notices prepared and served
• Rent reviewed every year and the Section 13 rent increase notice served for you
• Deposit protected with the Tenancy Deposit Scheme within 30 days, and the deposit paperwork the law requires served on your tenant
• Deposit deductions agreed and the deposit returned at the end of the tenancy
• Gas safety, electrical safety and energy certificates renewed before they expire, at cost
• Smoke and carbon monoxide alarms checked and recorded
• Council landlord licence applied for where your area needs one, and its renewal date tracked
• Optional: rent guarantee at cost, with no markup. You are paid even when the tenant does not pay.

Selective or HMO licence (council licence). Leeds City Council has run selective licensing in parts of Beeston, Holbeck and Harehills. We check the register against your exact address before the first tenancy.