4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Raymond Road, Rowley Fields, Leicester
£250,000

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 four-bedroom HMO property is a ready-to-go investment opportunity located on Raymond Road in the Rowley Fields area of Leicester. The property is currently fully tenanted and generating £1,550 PCM, with scope to increase rental income. The accommodation is spread over three floors, with a ground floor featuring a living room, kitchen, and utility room, as well as three bedrooms and a shower room on the first floor. The second floor has a large loft room used as a fourth bedroom, complete with eaves storage. The property is perfectly positioned for professional and student tenants, with Leicester Royal Infirmary, De Montfort University, and Narborough Road nearby. With tenants already in situ and income from day one, this is a turnkey opportunity for investors, with the added benefit of being a freehold property.