Summary - 150 GRASMERE STREET LEICESTER LE2 7FS
2 bed 1 bath Terraced
Good yield potential near Leicester Royal Infirmary with scope for improvement.
Tenants in situ — immediate rental income
A straightforward investment in a compact Victorian mid-terrace located within walking distance of Leicester Royal Infirmary. The property is let with tenants in situ, offering immediate rental income and easy portfolio expansion for a buy-to-let investor.
Accommodation is practical: two double bedrooms, front and rear lounges, a fitted kitchen and a family bathroom across approximately 765 sq ft. The house benefits from double glazing, mains gas central heating and a private rear garden—features that help retain tenant demand in this cosmopolitan, student-dominated neighbourhood.
Buyers should note clear areas for improvement. The property has an EPC rating of D, solid brick walls likely without modern cavity insulation and an assumed need for energy or fabric upgrades to improve efficiency. The area records very high crime levels, which can affect lettings, management costs and tenant turnover.
This freehold terrace suits an investor seeking a low-entry priced rental with immediate income and room to add value through targeted refurbishment and energy-efficiency works. On-street parking and excellent local transport, broadband and mobile signal support tenant satisfaction, but factor in additional maintenance and potential security measures when calculating returns.
2 bedroom terraced house for sale in Grasmere Street, Leicester, LE2 — £170,000 • 2 bed • 1 bath • 754 ft²
3 bedroom end of terrace house for sale in College Avenue, Leicester, Leicestershire, LE2 — £260,000 • 3 bed • 2 bath • 1158 ft²
2 bedroom terraced house for sale in Hartopp Road, Clarendon Park, Leicester, LE2 — £260,000 • 2 bed • 1 bath • 846 ft²
4 bedroom terraced house for sale in Hartopp Road, Clarendon Park, Leicester, LE2 — £300,000 • 4 bed • 1 bath • 1152 ft²
2 bedroom terraced house for sale in Sawley Street, Leicester, LE5 — £230,000 • 2 bed • 1 bath • 905 ft²
2 bedroom terraced house for sale in Lansdowne Road, Leicester, LE2 — £195,000 • 2 bed • 1 bath • 700 ft²
