4Bedrooms
1Bathrooms
0 sqmSize
Strategy: HMO
The Property
Investment Opportunity! High quality 4 Bedroom ARTICLE 4 End Terrace in Prime Location: Ideal Student Let
A rare opportunity to buy this refurbished and spacious 4 bedroom end terraced house, situated in a prime location, adjacent to Queens Road and close to The University of Leicester. On the market for the first time in 35 years, this property has ARTICLE 4 and thus offers an excellent investment opportunity for student accommodation. With clear potential to add a fifth double en-suite bedroom, subject to necessary planning permissions, this property offers the opportunity to add significant extra value in terms of rental income and long-term appreciation. Offers are invited from serious investors. Viewing advised to appreciate the opportunity on offer.
Key Features:
4 Refurbished Bedrooms: The home features three large double bedrooms and one beautifully presented and appointed single bedroom. It has a long and successful history of letting to student tenants at high yields, with the last tenants vacating on 30 June 2024. Rental history can be shared with interested parties. ARTICLE 4 is present, meaning no HMO licence is needed to let to 4 individual students or professional tenants.
Modern Bathroom: A large fully refurbished high standard bathroom with modern fixtures.
Modern Kitchen: A well appointed and fully refurbished modern white gloss kitchen with plenty of cupboard space and all mod-cons.
Large Attic Space: Superb additional storage space, with potential for conversion into a fifth en-suite bedroom, with the necessary planning consents.
Full Central Heating & Double Glazing: Full central heating and double glazing, providing energy efficiency and comfort throughout the year.
Private Garden/Yard: Enjoy a private rear garden, perfect for outdoor relaxation or additional outdoor bike storage.
Freehold and No Chain: The property is freehold and sold with no chain, offering a quick sale and complete flexibility for investment.
Location
Location
Location Highlights:
Near Universities and Colleges: Ideally located near The University of Leicester and highly rated sixth form colleges, this property is perfect for students or university staff looking for convenient access to educational facilities.
Unique and Beautiful Location: Set in a unique and scenic area, this home offers a balance of tranquillity and easy access to local amenities, including shops, parks, and public transport links.
Excellent Investment Potential: Whether as a family home or a student let, this property presents a fantastic investment opportunity, given its prime location near educational institutions and desirable living conditions.
This terraced house offers the best of both worlds?comfort and style for a family home or a highly attractive option for a student rental.
Don't miss this opportunity?schedule a viewing today!
Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you?re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You?ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
Sourced reference: 152276708
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
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