**Standout Features:**
- Victorian terraced house with brick façade
- Two bedrooms and one bathroom
- Freehold tenure, currently let on an assured shorthold tenancy
- Located near De Montfort University and Leicester city center
- Excellent mobile signal and fast broadband speeds
- Private rear yard for outdoor space
- Current rental income of £6,000 per annum, with potential to increase to £10,740 after renovations
**Concerns:**
- Property condition includes a dated kitchen with renovation potential
- Crime rate in the area is above average
- Area classified as deprived, may not suit all buyer preferences
This quaint two-bedroom Victorian terraced house presents a fantastic investment opportunity with a current tenant already in place. Located off Hinckley Road, you're just a stone's throw from De Montfort University and Leicester Royal Infirmary, ideal for attracting students or young professionals. The property features a cozy living room, a compact mid-20th-century kitchen in need of remodeling, and a private rear yard enhancing its appeal.
Offered freehold with an assured shorthold tenancy yielding £500 per month, there's excellent potential for increased rent after renovations. While a degree of revitalization is necessary, the fast broadband, excellent mobile connectivity, and proximity to city amenities make this a promising venture for investors or those looking for a starter home. Don't miss the opportunity to secure this property at auction on September 18th—properties like this, with substantial rental potential, are in high demand!
