Summary -
FLAT 35,THE RIVER BUILDINGS,LEICESTER,LE3 0GR
LE3 0GR
2 bed 1 bath Flat
**Standout Features:**
- 2 Bedrooms, 1 Four-Piece Bathroom
- Spacious Lounge Area
- Off-Road Parking
- Current tenant with rental income potential
- Located in a multicultural student neighborhood
- Excellent mobile signal and fast broadband speeds
**Potential Concerns:**
- Above-average crime rate in the area
- Property is leasehold; future tenants or owners should verify terms
- Area classification indicates levels of deprivation
This attractive two-bedroom flat in Leicester presents a fantastic buy-to-let opportunity, especially for serious investors and developers. Nestled within a modern residential complex, this well-kept home features a spacious lounge and an open-plan kitchen with contemporary design, making it appealing to potential tenants. With an existing tenant already in place, the property generates an annual gross income of £9,540, with the potential to increase to £9,780—a compelling addition to any investment portfolio.
Set in a vibrant multicultural area with abundant amenities, including banks, restaurants, and parks, the property is particularly suited for those seeking to cater to a diverse tenant base. While it benefits from fast broadband and excellent mobile connectivity, buyers should be aware of the area’s above-average crime rate and leasehold status. With its current condition and the potential for future renovations, this property could be a lucrative asset, but act quickly; opportunities in this desirable student neighborhood do not last long!
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