Summary - 49 MOSTYN STREET LEICESTER LE3 6DU
2 bed 1 bath Terraced
Two-bedroom fixer near city centre and university, ideal for investors.
- Victorian mid-terrace with two double bedrooms and two receptions
- Sold freehold with no onward chain, quick completion possible
- Requires full renovation throughout, including thermal and cosmetic works
- Solid brick walls likely have no insulation; install recommended
- Cellar and small rear garden offer conversion/storage potential
- Mains gas boiler and radiators present but may need updating
- Close to city centre, train station and De Montfort University
- Area shows above-average crime and relative deprivation
This Victorian mid-terraced house offers straightforward investment potential close to Leicester city centre and De Montfort University. With two double bedrooms, two reception rooms and a cellar, the layout is traditional and easily let or reconfigured for rental yield.
The property requires full upgrading throughout: cosmetic refurbishment, likely insulation and modernisation of services. Solid brick walls with assumed no insulation and dated double glazing mean buyers should budget for thermal improvements and possible energy upgrades. There is an easily maintainable rear garden and cellar providing useful storage or conversion potential (subject to consents).
Practical positives include freehold tenure, mains gas central heating and excellent mobile signal with fast broadband — useful for student or professional lets. The sale is offered with no onward chain, enabling a quick transaction for an investor prepared to carry out works.
Location is convenient for public transport, the main railway station and local amenities, though the wider area shows higher crime and relative deprivation; that can affect tenant demand and rent levels. Overall, the house is suited to a buyer seeking a value-entry refurbishment project with rental or resale upside once upgraded.
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