Severn Street, Leicester, Leicestershire, LE2
- PROPERTY TYPE
Terraced
- BEDROOMS
7
- 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
- A seven bedroom Victorian style villa
- Currently tenanted
- Has a rental income of £32832pa with the Landlord to pay ALL bills - Capped at £12pppw (tenancy ends 31/07/2023) or with the potential of £95ppw (34580pa) Tenants to pay ALL bills (truncated)
- Being offered with no chain
- *** BUY TO LET BUYERS ONLY ***
Description
We are pleased to present to the market, with no onwards chain, a nicely presented and spacious HMO seven bedroom (the seventh bedroom located on the ground floor, formally was a reception room), Victorian style villa which is currently tenanted and has a rental income of £32,832pa with the Landlord paying ALL bills - this is capped at £12per person per week, the tenancy ends on 31/07/2023 and the property is already let from 01/08/2023 until 31/07/2024 at £95per person per week which is an annual income of £34,580 with tenants now contracted to pay ALL utility bills which offers a new landlord around 7.6% yield return.
The current accommodation in brief to the ground floor comprises of a hall, a bedroom which was formally a reception room, the living room, a brilliant sized kitchen and a shower room. To the first and second floors are six bedrooms and a bathroom.
Externally you have access to some outside space.
Being offered with no onward chain.
The area of Highfields has great access to the Leicester University, Leicester City Centre, the local shops, restaurants and bars which can be either located on London Road or Evington Road. If you enjoy jogging, exercising or taking a stroll then Victoria Park can be easily accessed from this house. You also have good road links to the motorway, the Leicester Royal Infirmary and the Leicester General Hospital..
The area of Highfields has great access to the Leicester University, Leicester City Centre, the local shops, restaurants and bars which can be either located on London Road or Evington Road. If you enjoy jogging, exercising or taking a stroll then Victoria Park can be easily accessed from this house. You also have good road links to the motorway, the Leicester Royal Infirmary and the Leicester General Hospital..
Brochures
ParticularsCouncil 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.
Band: C
Severn Street, Leicester, Leicestershire, LE2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station0.4 miles
- South Wigston Station3.3 miles
- Syston Station4.7 miles
About the agent
Frank Innes, Leicester
5 Halford Street Leicester LE1 1JA
Frank Innes are the East Midlands leading Estate & Letting Agency providing a first class service to all their customers.
Homeowners have been choosing Frank Innes to sell or rent their property since 1932, building a solid reputation for providing Best Service, Best Price, Best Value.
Award winning branches are strategically positioned across Leicestershire, Nottinghamshire and Derbyshire to reach more buyers in the East Midlands than any other agent. These branches are serviced
Industry affiliations
Notes
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