Prime Location: Situated on Fosse Road North in the LE3 district of Leicester, this mid-terrace property is in a vibrant, well-connected area, offering easy access to local amenities, the city center, and transport links.
Investment Opportunity: The property is currently tenanted, providing immediate rental income and a hassle-free investment for buyers looking to expand their rental portfolio.
Spacious Layout: The house features well-proportioned rooms, including a cozy living room with a feature fireplace, a fully fitted kitchen, and two comfortable bedrooms, ideal for tenants or future homeowners.
Private Rear Yard: The property boasts a low-maintenance private rear yard, perfect for outdoor activities or gardening, adding to its appeal for renters and potential buyers.
Desirable LE3 Area: Located in one of Leicester’s most sought-after regions, the property benefits from its proximity to the city center, universities, and major employers, ensuring a strong demand in the rental market.
High Demand Location: Fosse Road North is a highly desirable area with excellent public transport links and ongoing regeneration projects, ensuring long-term property value retention and potential capital growth.
Freehold
Property Description:
his charming mid-terrace property is located on Fosse Road North, a vibrant and well-connected area in the LE3 district of Leicester. The property is currently tenanted, offering an excellent investment opportunity for buyers looking for a hassle-free purchase with immediate rental income of £850pcm.The house features a spacious layout with well-proportioned rooms, including a cozy living room with a feature fireplace, a fully fitted kitchen with ample storage and workspace, and two comfortable bedrooms. The bathroom is modern and functional, providing all necessary amenities. The property also boasts a private rear yard, ideal for outdoor activities or low-maintenance gardening.
About the LE3 Area:
The LE3 postcode area is one of Leicester’s most sought-after regions, known for its convenient access to the city center, local amenities, and excellent transport links. Fosse Road North, in particular, is a bustling area with a mix of residential and commercial properties, providing residents with easy access to shops, restaurants, and essential services. The area is also close to several green spaces, making it a desirable location for families and professionals alike.
Investment Potential:
This property is a fantastic investment opportunity, especially for those looking to expand their rental portfolio. With the property already tenanted, you can benefit from a steady stream of income from day one. Leicester's rental market is strong, particularly in the LE3 area, where demand for rental properties remains high due to the area's proximity to the city center, universities, and major employers. The property is currently rented for £950pcm.
High Demand on Fosse Road North:
Fosse Road North is a highly desirable location for both renters and homeowners due to its strategic position within Leicester. The area benefits from excellent public transport links, making commuting around the city easy. Furthermore, the ongoing developments and regeneration projects in Leicester contribute to the increasing demand for properties in this area. This demand ensures that properties on Fosse Road North retain their value and offer good capital growth prospects over time.Investing in this property not only secures you a steady income but also positions you in one of Leicester’s prime locations, making it a smart choice for both seasoned and first-time investors.
IMPORTANT NOTICE FROM BM ESTATES
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.