Summary - FLAT 7, GRANBY BUILDINGS, 41 GRANBY STREET LE1 6EH
5 bed 2 bath Flat
**Outstanding Features:**
- Prime city centre location, ideal for students
- Five spacious bedrooms and two bathrooms
- Excellent transport links nearby
- Gross rental yield estimate of 15%
**Key Concerns:**
- Leasehold with only 80 years remaining—potential mortgage hurdles
- Currently in poor condition, requiring significant renovation
- High crime rates and area deprivation noted
Discover spacious living right in the heart of Leicester with this five-bedroom, two-bathroom flat, perfect for student sharing. Just steps away from a vibrant array of shops, restaurants, and transport links, this property provides excellent rental potential with an estimated yield of 15%. However, be aware that the property presents renovation opportunities—its current condition is quite dated, with issues such as damp and limited lighting.
While the location is fantastic for urban living, the flat's leasehold status, with only 80 years remaining, may pose challenges for securing mortgage lending. This is especially significant for first-time buyers looking for a home or investors seeking profitable rental opportunities in a sought-after multicultural neighborhood.
If you're prepared for a project that could yield impressive returns in a bustling area, don’t miss your chance to view this property today—opportunities at this price point in the city centre are rarely available!
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