Norman Street, Leicester, LE3 0BA
- PROPERTY TYPE
Terraced
- 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.
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Key features
- JG0769
- INVESTORS ONLY – Tenanted until 2026
- £10,725 annual rental income / £893.75 per month
- Approx. 5.8% gross rental yield at £185,000
- Two double bedrooms and spacious bathroom
- Two reception rooms with period features
- Low-maintenance rear yard with gated access
- Prime location near Narborough Road & great transport links
- Council Tax Band A
- EPC D
Description
JG0769 -
INVESTORS ONLY – TENANTED UNTIL 2026 – £10,725 ANNUAL INCOME – 5.8% GROSS YIELD
This charming TWO-BEDROOM TERRACED HOME presents a ready-made investment opportunity in a popular and convenient residential location. CURRENTLY LET TO STUDENTS UNTIL 2026, the property generates an annual rental income of £10,725, equating to approximately £893.75 per month. With an asking price of £185,000, this delivers a gross rental yield of approximately 5.8%, making it an attractive option for buy-to-let investors seeking a well-positioned, income-producing asset.
The ground floor features two versatile reception rooms, the front of which is enhanced by a bay window that floods the space with natural light and adds character. The rear reception room leads into a fitted galley-style kitchen, creating a practical layout ideal for day-to-day living. Period features such as high ceilings and a decorative fireplace remain intact, adding warmth and charm.
Upstairs, the property offers two generously sized double bedrooms and a spacious family bathroom, all accessible from a central landing with built-in storage. The layout provides comfortable accommodation with potential for future upgrades or reconfiguration.
Externally, the low-maintenance rear yard includes private storage and gated access, offering practical outdoor space for tenants.
Situated in a well-established neighbourhood, the property is within walking distance of Narborough Road’s vibrant mix of shops, cafes, and amenities. Nearby schools include Shaftesbury Junior School and Fullhurst Community College, while excellent transport links connect the area to Leicester city centre, the A50, and the wider ring road network.
This is a hassle-free investment with a tenant already in place, long-term rental agreement secured, and immediate income from day one.
- 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.
- Band: A
- 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.
- Private garden
- 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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Norman Street, Leicester, LE3 0BA
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Visit our security centre to find out moreDisclaimer - Property reference S1336265. 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 eXp UK, East Midlands. 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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