Summary - 52 NORMAN STREET LEICESTER LE3 0BA
2 bed 1 bath Terraced
### Standout Features:
- **Investment Opportunity:** Tenanted until 2026 with a solid annual rental income of £10,725 (£893.75/month).
- **Gross Yield:** Approximately 5.8% based on an asking price of £185,000.
- **Spacious Layout:** Two double bedrooms, a family bathroom, and two reception rooms with period features.
- **Prime Location:** Near Narborough Road with excellent transport links and amenities.
- **Low Maintenance:** Rear yard with private storage and gated access.
### Summary:
This Victorian terraced house is a golden prospect for investors looking to acquire a hassle-free rental property. Currently occupied by tenants until 2026, it generates a steady annual income of £10,725, yielding approximately 5.8%. The home boasts two spacious double bedrooms and a large family bathroom, complemented by two versatile reception areas enhanced with period features, such as high ceilings and a bay window.
The property features a straightforward layout with a rear galley kitchen, suitable for modern living and potential upgrades. The low-maintenance rear yard offers privacy and storage, giving tenants a comfortable outdoor space. Situated in a vibrant area close to Narborough Road, residents enjoy access to a wealth of shops, cafes, and essential services. Nearby schools, including those rated Outstanding, ensure family-friendly living, while excellent transport links provide easy access to Leicester city center and beyond. With a tenant already in place and generating cash flow from day one, this property represents a strategic addition to any investment portfolio. Don’t miss this exclusive opportunity to secure a reliable income asset.
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