5 bedroom house of multiple occupation for sale

>

5 bedroom house of multiple occupation for sale

Lorne Road, Leicester, Leicestershire, LE2
£375,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 6-bedroom HMO in Leicester is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features 6 bedrooms, 6 bathrooms, a kitchen/dining area, and a rear garden. Currently, it generates an annual gross income of £35,820 with tenants already in situ, who have a good track record of paying their rent on time and have no plans to move out. With its potential for future rental income and a competitive purchase price, this property is expected to provide a worthwhile addition to an investor's portfolio. The current tenants have been in the property for several years and are committed to remaining, making for a smooth transition for the buyer.