This Victorian freehold property on Knighton Park Road in Stoneygate, Leicester, offers a unique investment opportunity that combines period charm, reliable income, and scope for expansion. The property currently comprises four flats, generating £37,080 per annum in rent, which is based on older agreements and offers significant potential for uplift on renewal or re-letting. With approved planning permission to add two further one-bedroom flats, the projected total rent could rise to £52,680 per annum, increasing the gross yield to 7.5%. The property is situated in a sought-after area, close to independent shops, schools, and the city centre, with excellent transport links to London and the University of Leicester. This property presents a strong investment proposition for either owner-occupiers or landlords looking to generate a high-performing rental income.