Terraced house for sale in Severn Street, Leicester, Leicestershire LE2

Offers over £400,000
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Terraced house for sale - 7 bedrooms

7 2 1 EPC Rating: D EPC Rating: D

Tenure:
Freehold
Council tax band:
C

Property features

  • A seven bedroom Victorian style villa
  • Currently tenanted
  • Has a rental income of £32832pa with the Landlord to pay all bills - Capped at £12pppw (tenancy ends 31/07/2023) or with the potential of £95ppw (34580pa) Tenants to pay all bills (truncated)
  • Being offered with no chain
  • *** buy to let buyers only ***

Property description

*** buy to let buyers only ***

We are pleased to present to the market, with no onwards chain, a nicely presented and spacious HMO seven bedroom (the seventh bedroom located on the ground floor, formally was a reception room), Victorian style villa which is currently tenanted and has a rental income of £32,832pa with the Landlord paying all bills - this is capped at £12per person per week, the tenancy ends on 31/07/2023 and the property is already let from 01/08/2023 until 31/07/2024 at £95per person per week which is an annual income of £34,580 with tenants now contracted to pay all utility bills which offers a new landlord around 7.6% yield return.

The current accommodation in brief to the ground floor comprises of a hall, a bedroom which was formally a reception room, the living room, a brilliant sized kitchen and a shower room. To the first and second floors are six bedrooms and a bathroom.

Externally you have access to some outside space.

Being offered with no onward chain.

The area of Highfields has great access to the Leicester University, Leicester City Centre, the local shops, restaurants and bars which can be either located on London Road or Evington Road. If you enjoy jogging, exercising or taking a stroll then Victoria Park can be easily accessed from this house. You also have good road links to the motorway, the Leicester Royal Infirmary and the Leicester General Hospital..

The area of Highfields has great access to the Leicester University, Leicester City Centre, the local shops, restaurants and bars which can be either located on London Road or Evington Road. If you enjoy jogging, exercising or taking a stroll then Victoria Park can be easily accessed from this house. You also have good road links to the motorway, the Leicester Royal Infirmary and the Leicester General Hospital..<br /><br />

Property info

Floorplan(s): Floor-Plan

Floor-Plan View original

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For more information about this property, please contact
Frank Innes - Leicester Sales, LE1 on +44 116 448 9079 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Frank Innes - Leicester Sales, and do not constitute property particulars. Please contact Frank Innes - Leicester Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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