Summary - 30 STRETTON ROAD LEICESTER LE3 6BN
7 bed 2 bath Villa
Licensed seven-bed HMO near DMU and city centre, ready for income..
- Licensed HMO for seven units until September 2027
- Current gross income £19,500 per annum
- Three-storey Victorian terrace with bay windows
- Two bathrooms for seven bedrooms; communal kitchen/lounge
- Small rear garden; low-maintenance outdoor space
- Solid brick walls, likely no cavity insulation
- High local crime and very deprived area classification
- Street parking only, no garage
This Victorian mid-terrace villa is configured and licensed as a seven-room HMO, currently producing £19,500 pa. Set over three floors with bay windows and period features, it targets student and professional lets thanks to walking distance access to De Montfort University, the city centre and the mainline station. The property comes with an HMO licence for seven units valid until September 2027, offering immediate income for an investor ready to continue the tenancy mix.
Practical positives include double glazing, mains gas central heating and a small, low-maintenance rear garden. The house is compact (approx. 1,701 sq ft) and arranged with two bathrooms and a communal kitchen/lounge — a typical, efficient HMO layout that reduces day-to-day overheads and turnover friction.
Buyers should note material considerations: the area is classified as very deprived with high local crime levels, and the solid-brick walls likely lack cavity insulation. The HMO licence will need renewing after September 2027 and the property’s Victorian construction (c.1900–1929) may require ongoing maintenance or upgrades to meet future compliance or energy-efficiency standards. Street parking only; no garage.
Overall, this is a straightforward acquisition for a hands-on investor seeking near-term rental income and strong tenant demand from students and professionals. It suits buyers prepared to manage HMO compliance, occasional maintenance and area-specific risk factors to preserve yield and capital value.
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