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Two-bedroom terraced investment property

Leicester, LE3 - Get Access

2 bed 1 bath

Description

A traditional, brick-built terraced property situated in a highly popular location off Hinckley Road. The property is within an easy walk of a wide range of amenities including shops, bars, and restaurants on Hinckley Road, Narborough Road, and Braunstone Gate. The city centre, Royal Infirmary Hospital, and De Montfort University are all close by. The property is offered let with a rental income of £880 pcm (£10,560 per annum), representing a superb investment opportunity with income from day one. The auctioneers have not inspected internally but believe the accommodation to comprise: Ground Floor: Lounge, dining room, and kitchen. First Floor: Landing, two bedrooms, and a bathroom. Outside: Enclosed rear garden. Note: Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. Draft Sales Particulars: These sales details are awaiting vendor approval.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area: 624 sq ft (EPC)

Valuing this traditional two-bedroom terraced house off Hinckley Road involves assessing regional market norms for similar residential dwellings in Leicester. The floor area of approximately 624 sq ft is taken from EPC records, while the property is currently let at £880 pcm. Without specific comparable transactions supplied, the valuation balances capital value expectations with current rental yield performance.

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