Stretton Road, Leicester, LE3

12 bedroom Multi-Unit Property in Leicester

For Sale
Offers Over £900,000
Current Yield 6.4 %
Potential Yield 7.7 %
Property Reference: 208039178
  • Multi-Unit Property
  • 12 Bedrooms
  • 9 Bathrooms
  • 9 Receptions
  • 452 sqm

Property Features

Property Features

  • Multi-Unit Property
  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Portfolio of 9 Residential Flats
  • Block of 3 Flats Each Property
  • Double Glazed Windows
  • Gas Central Heating
  • Good Condition

Property Information

Full Details

A Block of 9 Residential Flats located in Leicester with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord. For investors looking for a rewarding investment, this is a brilliant opportunity!

The properties feature modern lounge and kitchen, bedroom and bathroom, double-glazed windows, gas central heating and fantastic local transport links throughout.

Investment Details

The properties currently produce an annual gross income of £57,300 which could be increased by the new owner to a market rate of £69,120 with long term tenants currently situated. Considering the purchase price, 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.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 208039178

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £4,775
  • Potential Rent pcm: £5,760
  • Tenancy Agreement in place: YES
  • Tenancy Compliance in place: YES
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 208039178
Property Reference: 208039178

Property Location

Similar Properties

  • Dickson Road
    Blackpool
    Offers Over £900,000
    • 5
    Multi-Unit Property
    Current Yield: 3.3%
    Potential Yield: 6.0%
    View Property
  • Springfield Roadd
    Blackpool
    Offers Over £900,000
    • 8
    • 4
    Multi-Unit Property
    Current Yield: 3.3%
    Potential Yield: 6.0%
    View Property
  • Oakenshaw View
    Rochdale
    Offers Over £950,000
    • 7
    • 4
    • 1
    Detached House
    Current Yield: 4.9%
    Potential Yield: 4.9%
    View Property
  • Hopton Wafers
    Kidderminster
    Offers Over £730,000
    • 4
    • 3
    • 1
    Detached House
    Current Yield: VACANT%
    Potential Yield: 2.4%
    View Property

Request DetailsStretton Road, Leicester, LE3

Offers Over £900,000

Make an offer
Stretton Road, Leicester, LE3

Listing Price

Offers Over £900,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.