Summary - 6 SYKEFIELD AVENUE LEICESTER LE3 0LA
5 bed 2 bath House of Multiple Occupation
Immediate rental income with clear refurbishment upside for investors.
5 letting bedrooms plus 2 bathrooms and communal spaces
Gross annual income currently £28,440 from long-term tenants
Period features: bay windows, high ceilings, original sash windows
Private rear garden; small front garden and on-street parking only
Requires internal modernisation to maximise rental yield and appeal
Freehold tenure; HMO classification suited to investors/developers
Above-average local crime rate may affect tenant demand and insurance
Buyers premium applies on purchase; see Let Property Pack for details
This three-storey period HMO in Leicester’s LE3 offers an immediate income stream and clear rental upside. Currently let to long-term tenants, it produces a gross annual income of £28,440, making it a straightforward buy-to-let addition for a portfolio.
Built in traditional red brick with bay windows and high ceilings, the property retains period character that will appeal to professional and student tenants. The house has five letting rooms, two bathrooms, a lounge, kitchen and a private rear garden — all on a small urban plot with on-street parking.
Internally the property appears to need modernization to maximise future rental yield; updating communal kitchens, bathrooms and decor would improve rent and appeal. There is above-average local crime and the plot is small, which may affect tenant demand and management costs in parts of the year.
This is a freehold HMO in a cosmopolitan student and professional neighbourhood near university and local amenities, ideal for investors or developers seeking rental income and refurbishment potential. Note a buyer’s premium applies to secure purchase and a Let Property Pack is available with full investment figures and tenancy details.
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