**Standout Features:**
- Freehold Victorian terraced house
- Three bedrooms with potential for House of Multiple Occupation (HMO)
- Located in a cosmopolitan student neighborhood near Leicester City Centre
- Requires renovation but offers gas central heating and double glazing
- Estimated rental income of £16,800 per annum post-refurbishment
- Private rear yard and front forecourt
**Potential Downsides:**
- Property requires modernization and repair work
- Set in an area with high crime rates and significant deprivation
This Victorian mid-terrace home presents a fantastic opportunity for first-time buyers or investors on the lookout for a rental income stream. Priced at £139,000 and to be sold at auction, this property requires some improvement but features essential amenities such as gas central heating and double glazing. You’ll find yourself in a vibrant community, just off Narborough Road, with easy access to De Montfort University and various local amenities.
With three bedrooms, the property is well-suited for conversion into a House of Multiple Occupation, making it ideal for students or professionals. Imagine transforming this diamond in the rough into a comfortable abode or a lucrative rental, with a projected annual income of £16,800 post-renovation. Don’t miss this opportunity—properties like this in such a desirable location are rarely available for long!