4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Raymond Road, Rowley Fields, Leicester LE3
£195,000

Our Summary

  • Currently operating as a small selective licensed HMO, the property is fully tenanted and achieving £1,550 pcm, with scope to increase rental income
  • Currently achieving £1,550 pcm - potential for increase

Description

This 4-bedroom HMO property in Leicester is a ready-to-go investment opportunity, currently generating £1,550 per month in rental income. The property is situated in a prime location, just a short walk from Leicester Royal Infirmary, De Montfort University, and Narborough Road, making it ideal for professional and student tenants. The property is fully tenanted and has a selective license, with scope to increase rental income. The accommodation is set over three floors, featuring a large loft room used as a fourth bedroom, as well as a fitted kitchen, utility room, and downstairs WC. With a 4-bedroom HMO, this property offers a high yield of over 8%, making it an attractive investment opportunity for those looking to generate passive income.