Summary -
5 Skipworth Street,LEICESTER,LE2 1GD
LE2 1GD
2 bed 1 bath Terraced
Income-producing terraced home near local amenities, ideal for a rental portfolio.
Reliable long-term tenants in situ, currently producing £10,200 pa gross income
A compact two-bedroom Victorian terraced house in LE2, presented as a straightforward long-term buy-to-let. The property currently produces a gross annual rental income of £10,200 with reliable tenants in situ who do not intend to move, making it immediately income-generating for a buyer seeking rental returns.
Accommodation is traditional in layout with a lounge, kitchen/dining room, two bedrooms and a three-piece bathroom. Rooms are modest in size with standard ceiling heights; the interior appears well-kept but compact, suiting tenants or small households rather than those wanting spacious living areas. There is a small private rear garden and on-street parking.
Location strengths include fast broadband, excellent mobile signal and close proximity to local shops, schools and places of worship, all supporting steady rental demand. The area profile indicates a dense urban rental market with young local communities and accessible amenities.
Important considerations: the plot and internal rooms are small, and the property sits in a deprived postcode area which may affect capital growth prospects. A buyer’s premium applies to the sale. The property is freehold and sold with tenants in place — suitable for investors seeking an income-producing asset but less so for an immediate owner-occupier move-in.
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