Reliable rental income with parking and garden, suited to portfolio buyers.
Long-term tenant in situ; consistent rent payments reported
This three-bedroom semi-detached home in Leicester is presented primarily as a buy-to-let opportunity with a long-term tenant in situ. The property offers practical rental income today (annual gross £9,600) and straightforward maintenance needs typical of post‑war stock, plus off-street parking and both front and rear gardens. A conservatory and two bathrooms add rental appeal for families and sharers.
The current rental return equates to a gross yield of about 5.6% at the listed price, making it of most interest to serious investors and developers seeking an income-producing asset with scope to add value. The tenant wishes to remain, so purchase will be as a let property unless terms are renegotiated. A Buyers Premium will apply on sale and should be factored into acquisition costs.
Buyers should weigh clear advantages against material local issues: the property sits in a very deprived, high-crime area and in a neighbourhood classed as ‘hampered’ with an ethnically mixed, hard‑pressed wider area. These factors can affect re-letting, capital growth and mortgage terms for some purchasers. The house is average-sized and appears well-kept but offers scope for refurbishment to increase rent or resale value.
Overall this is a practical, income-generating semi-detached house with decent plot size and tenant stability — a pragmatic pick for portfolio expansion or a renovation-led uplift. Investors should review the Let Property Pack and factor local-area considerations and the Buyers Premium into any offer.
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