Leicester LE2

Description

A rare chance to acquire a property comprising 10 x 1-bedroom flats, offering excellent income potential in one of Leicester’s most vibrant and high-demand rental areas. The property currently generates a rental income of £55,800 per annum, with the potential to increase this to £68,500 per annum following refurbishment, making it an exceptional opportunity for investors looking to maximize returns.

Located in the sought-after LE2 postcode, this area is known for its thriving community, excellent transport links, and close proximity to Leicester’s major employers and universities. The property is ideally situated to attract a diverse range of tenants, including professionals, students, and families, ensuring consistent demand year-round.

The LE2 area is renowned for its blend of convenience and lifestyle amenities. Residents benefit from easy access to shops, cafes, and restaurants, as well as excellent connectivity to Leicester city center, motorways, and public transport. Its proximity to the University of Leicester and De Montfort University makes it especially appealing to student renters, while nearby parks and green spaces offer a balance of urban living and tranquility.

With an asking price of £650,000, this property presents an excellent refurbishment project with significant potential for value addition and increased rental yield. Don’t miss out on this prime investment opportunity—contact us today to arrange a viewing or to discuss further details.