Lombardy Rise, Leicester, Leicestershire, LE5
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- 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
- Buy-to-Let Opportunity
- Long-Term Tenant Currently Situated
- 2 Bedrooms
- Three Piece Bathroom
- Lounge and Kitchen
- Easy Access to Local Amenities
- Current Rent: £500
- Potential Rent: £850
Description
Key Investment Highlights:
High Rental Demand: The demand for rental properties in Leicester is generally strong, driven by a diverse population including students, professionals, and families.
Prime Location: Leicester benefits from good connectivity to major roads such as the A46 and M1 motorway, enhancing accessibility to Leicester city center and other regions. The area is serviced by local bus routes, and Leicester's main railway station is a short drive away, offering direct trains to London and other major cities.
Long-Term Growth: As an area benefiting from regeneration and ongoing development, this property continues to see rising property values and rental income potential.
Property Overview:
This is an exceptional newly refurbished two bedroom flat. It also features an lounge, three piece bathroom and kitchen.
Rental Potential:
Properties in Lombardy Rise Leicsster consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this two-bedroom flat is currently generating £500 monthly and has the potential to generate an estimated rental income of £850 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.
Future Growth and Appreciation:
As of 2024, Leicester has several ongoing and planned regeneration projects that could enhance property values and appeal. Investments in infrastructure, such as transport upgrades or new facilities, could positively impact the area.
This is a rare opportunity to acquire a property in one of Lombardy Rise's fastest-growing rental markets. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer searching for a long-term growth opportunity, this flat is not to be missed. Contact us today to arrange a viewing or discuss investment details.
- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Lombardy Rise, Leicester, Leicestershire, LE5
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