Knighton Road, Leicester, LE2
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 5 bedroom student HMO
- Amazing location
- Fully tenanted
- Tenants secured for 24/25 academic year
- Very well presented throughout
- Generating in excess of 7% yield
- Generating in excess of 9% ROI
Description
The location is a very highly sought after area with an extremely strong rental demand whilst also proving strong with capital appreciation. In the last 5 years, the area has increased in capital appreciation by circa 25%, despite market conditions (COVID 19, Brexit, mortgage rate rises etc). This opportunity present a gross yield in excess of 7% and a ROI in excess of 9% (based on a 75% LTV BTL- interest only mortgage.)
Location:
Knighton is a leafy suburb located approximately 10 minutes from Leicester city centre. With easy access to everyday amenities found along Queens Road and nearby Wigston town centre, alongside renowned local public and private schooling including nursery day-care. The adjoining combined suburbs of Stoneygate and Clarendon Park also offer a full range of local amenities including shopping for day-to-day and specialist boutique bars, restaurants and shops found along Queens Road, as well as specialist shopping along Allandale Road and Francis Street.
Disclaimer
Important Information:
Property Particulars: Although we endeavor to ensure the accuracy of property details we have not tested any services, equipment or fixtures and fittings. We give no guarantees that they are connected, in working order or fit for purpose.
Floor Plans: Please note a floor plan is intended to show the relationship between rooms and does not reflect exact dimensions. Floor plans are produced for guidance only and are not to scale.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Knighton Road, Leicester, LE2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station1.6 miles
- South Wigston Station2.1 miles
- Narborough Station4.6 miles
About the agent
Hortons, Tugby
Tugby Orchards Wood Lane, Tugby, LE7 9WE
Hortons overview
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Visit our security centre to find out moreDisclaimer - Property reference RX332232. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hortons, Tugby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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