Summary -
78 Cranmer Street,LEICESTER,LE3 0QA
LE3 0QA
2 bed 1 bath Terraced
Chain-free Victorian two-bed terrace with long-term tenant — income-producing, needs some updating..
Victorian mid-terrace with two bedrooms and rear garden
Currently tenanted at £675 pcm (tenant since 2013)
Fixed-term tenancy expires 10 January 2026
Freehold and chain-free sale
Double glazing and gas central heating present
Kitchen compact and dated; would benefit from updating
Small plot, compact rooms — lower maintenance garden
Area classified deprived with very high crime levels
A Victorian mid-terrace offering two bedrooms, two reception rooms and a rear garden in a well-connected Leicester location. The property is freehold and sold chain-free, currently let to a long-term tenant since 2013 and producing £675 pcm. The current fixed-term tenancy runs until 10 January 2026, making this a straightforward income purchase for investors.
The accommodation is practical but requires updating in places — the kitchen is contemporary in style but compact and dated, and the house would benefit from cosmetic improvement to maximise rental or resale value. Double glazing and gas central heating are already fitted, reducing immediate major expenditure.
Location strengths include fast broadband, excellent mobile signal and proximity to local shops, transport links and several schools, including nearby primary and secondary schools with Good and Outstanding Ofsted ratings. Note the area is classified as deprived with very high crime levels; buyers should assess safety and management strategies for tenants or future occupants.
This property suits an investor seeking rental income and long-term tenancy continuity, or a first-time buyer prepared to live through renovation. The small plot and compact rooms suit buyers wanting low-maintenance outdoor space rather than extensive gardens.
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