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4 bed terraced house
Raymond Road, Rowley Fields, Leicester LE3
£250,000
Raymond Road, Rowley Fields, Leicester LE3
£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 property is a ready-to-go investment opportunity in the Rowley Fields area of Leicester, with a current rental income of £1,550 per month. The property is a 4-bedroom HMO, with a small selective license, and is fully tenanted. The accommodation is spread across three floors, with a ground floor featuring an entrance hall, bedroom, living room, kitchen, utility room, and downstairs WC. The first floor has two well-sized bedrooms and a shower room, while the second floor has a large loft room used as a fourth bedroom with eaves storage. The property is situated close to Leicester Royal Infirmary, De Montfort University, and Narborough Road, making it an attractive option for professional and student tenants. With tenants already in situ and income from day one, this is a turnkey opportunity for investors.