Summary - 17 BRAZIL STREET LEICESTER LE2 7JA
5 bed 2 bath Terraced
Licensed city home near both universities with strong letting demand and low-maintenance garden.
Licensed HMO with five bedrooms, each fitted with a wash basin
A licensed HMO in a prime student and young-professional corridor, this mid-terraced Victorian house offers immediate rental income and strong long-term demand. Five spacious bedrooms each include wash basins, supported by two bathrooms plus an extra WC, a communal lounge, dine-in kitchen and utility room. The property is presented in generally good decorative order and sits close to both the University of Leicester and De Montfort University, ensuring consistent tenant interest.
Practical benefits include freehold tenure, mains gas central heating with boiler and radiators, double glazing (install date unknown) and low flood risk. Broadband and mobile signals are excellent for modern tenants; council tax is described as affordable. The small, low-maintenance rear garden and compact plot reduce upkeep and turnaround costs between lets.
Material considerations are clear and factual: the area records very high crime levels, which will affect management and insurance costs and the type of tenants attracted. The house is a solid-brick Victorian build with no known wall insulation, so energy efficiency may be below modern standards unless upgraded. Room sizes are medium for terrace stock and some cosmetic or targeted refurbishment could increase yields and reduce voids.
This property suits a professional investor or landlord seeking a ready-to-run licensed multiple-occupancy let close to major universities. It offers immediate cashflow with sensible opportunities to improve energy performance and tenant appeal through measured investment in insulation, security measures and selective modernisation.
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