Summary -
34 Equity Road,LEICESTER,LE3 0AS
LE3 0AS
5 bed 1 bath Terraced
Ready-income five-bed terrace with refurbishment upside for investors.
- Five bedrooms; suitable for multi-occupancy rental
- Currently tenanted, producing approx. £18,000 pa gross
- Freehold mid-terrace with period bay windows
- Private outdoor space front and back; small plot
- Single bathroom for five bedrooms; likely refurbishment needed
- On-street parking only; no off-street parking
- Located in high-crime, high-deprivation area (affects rent/management)
- Close to amenities, colleges and transport links
A five-bedroom mid-terrace on Equity Road offering a ready-made buy-to-let opportunity in central Leicester. The property is freehold and currently tenanted, producing an annual gross income of approximately £18,000, making it immediately income-generating for a landlord or investor seeking short-term return.
The house retains period exterior character with bay windows and a compact forecourt, plus private outdoor space both front and rear. Interiors are typical of Victorian terraces with standard ceiling heights and small-to-medium room sizes across about 926 sq ft. The building’s size and layout suit multi-occupancy rental or refurbishment to increase rent levels.
Notable negatives that will affect operation and values are the area’s high crime levels, higher local deprivation indicators, and a small plot footprint. There is only a single bathroom for five bedrooms and on-street parking only. The exterior appears average; the internal condition is described as dated and will likely require refurbishment to maximise long-term rental value or reposition the asset.
This is geared squarely to investors and developers comfortable with inner-city stock: you get immediate rental income and clear scope to improve returns through refurbishment, reconfiguration or energy/thermal upgrades. Full tenancy pack and financial details are available for serious evaluators; a physical inspection and full service/tenure checks are recommended before purchase.
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