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Sheridan Street, Leicester

181 Sheridan Street - Ground Floor.JPG181 Sheridan Street - First Floor.JPG
2

Key features

  • INVESTORS ONLY
  • Gross Rental Yield Approx. 6.67%.
  • Two Double Bedrooms
  • Living Room and Dining Room
  • University Close By
  • Council Tax Band - A
  • Viewings By Appointment Only
  • EPC Rating- D
  • Freehold

Description

A well-presented two-bedroom mid-terrace home, ideally located close to Leicester city centre and universities—making it an excellent opportunity for investors.

The ground floor offers a spacious front lounge, a separate dining room, and a kitchen to the rear with additional space suitable for a utility area. From the kitchen, there's access to a low-maintenance courtyard garden, featuring a mix of paving and lawn.

Upstairs, the property comprises two generously sized double bedrooms and a family bathroom.

The property is currently tenanted, generating £1,066 per calendar month, with a rental increase to £1,084 from July 1, 2025, providing a strong return for investors. Its proximity to both De Montfort University and the University of Leicester makes it particularly appealing for the student rental market.
If purchased at £195,000 and based on the upcoming rental income of £1,084 per month, the gross rental yield would be approximately 6.67%.

Sheridan Street is located in a diverse and lively residential area of Leicester, known for its traditional Victorian terraced houses. The neighbourhood offers good access to local shops, schools, and public transport, making it convenient for families and young professionals. While the area is vibrant and well-connected, it does face higher-than-average crime rates and some economic challenges.

Living Room - 3.40m x 4.60m (11'02 x 15'01) -



Dining Area - 3.91m x 3.40m (12'10 x 11'02) -



Kitchen / Utility Area - 4.83m x 1.75m (15'10 x 5'09) -



Bedroom One - 3.63m x 3.78m (11'11 x 12'05) -



Bedroom Two - 3.63m x 2.87m (11'11 x 9'05) -



Family Bathroom -

Brochures

Sheridan Street, Leicester
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.
Yes
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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Sheridan Street, Leicester

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About Nestegg Properties, Wigston & Aylestone

13 Leicester Road, Wigston, Leicester LE18 1NR
About us

We are both excited and proud to be launching the new name for our estate agency. Our two Directors Robert and Anita Taylor are very much hands on and work alongside our amazing team. We are a family owned and run business combining years of invaluable experience as individuals, working across the property industry. We pride ourselves in offering a tailored service which we adapt to suit every individual needs. We understand that whether you are a first time buyer just starting out , downsizing, growing your family or looking to sell for the first time we are here to offer support and advice to make everything easier for you the seller or the buyer.

WHY CHOOSE NESTEGG PROPERTIES

  • Local experts in Wigston and surrounding villages..

  • A dedicated, professional caring team who truly do go above and beyond who look to exceed our clients expectations.

  • Regular Updates and advice on marketing of your property.

  • Dedicated Sales Progressor (so important in the current market - to ensure the sale goes through as smoothly as possible. (We speak to all parties including solicitors).

  • Good relationships with local solicitors and surveyors..

  • In house Mortgage Advisor.

  • Happy for clients to pop in for a chat face to face if that suits you better.

Your mortgage

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Disclaimer - Property reference 33859927. 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 Nestegg Properties, Wigston & Aylestone. 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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