6 bedroom terraced house for sale

Edward Road, Clarendon Park, Leicester, LE2

£425,000

Property Description

Key features

  • 4/5 Bed Student Investment
  • 1 Bed Coach House
  • Rental Income 20,976pa
  • Freehold

Full description

Tenure: Freehold

 Beautiful 4/5 Bedroom student property and a unique 1 bedroom coach house. Great investment opportunity with tenants in situ in both properties generating £20,976pa.


Located in the highly desirable Clarendon Park which is in close proximity to the University of Leicester and shops and bars on Queens Road.
The student property complies with Article 4. (allowing the property to be let to individual non-related occupancies) and is conveniently located for Leicester University students.
*Potential 8.7% Return on capital employed gross (See investor information


*Investor Information
Based on a sale at £425,000 and a rental income of £1748pcm

- 75% loan assuming standard BTL loan at 3% (interest only) 
- Capital used £131,000 (including deposit, stamp duty and conveyancing) 
- Annual pre tax profit of £11,413.50 = 8.7% pre tax income on capital used
[Please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary.]

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

EPC rating: D.


Kitchen 
The front room is being used as a bedroom, the entrance to this spacious property is through the side door and in to the fully fitted kitchen with integrated oven/hob and whitegoods.

Lounge 
Leading through the kitchen walkway is the open plan lounge.

Bathroom 
Accessed off the kitchen, the property benefits from having a three piece suite with shower, toilet and sink and an additional shower room.

Bedroom One 
Located on the ground floor overlooking the front of the property, the double bedroom is fully furnished with bed, desk and wardrobe.

Bedroom Two 
Starting on the first floor this second bedroom is a double room and is carpeted and furnished

Bedroom Three 
The Third Bedroom overlooking the front of the property is also a double room that is furnishede

Bedroom Four 
A fourth double bedroom located on the first floor overlooking the shared garden.

Bedroom Five 
There is a further fifth single bedroom which can be used as a storage room or potentially let out as another bedroom.

Coach House Living Room 
Beautiful modern living room with vinyl flooring and open stairs to the first floor.

Coach House Kitchen 
Located off the living room is a modern fully fitted kitchen with integrated electric hob/oven and, Fridge/Freezer.

Coach House Bedroom 
Accessed straight from the open stairs is the double bedroom with laminate flooring and storage space.

Coach House Bathroom 
Three piece suite comprising of WC, wash basin and separate shower cubicle.

Garden 
Medium sized garden which separates both properties

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
01 February 2019

Nearest stations

  • Leicester (1.0 mi)
  • South Wigston (2.6 mi)
  • Narborough (4.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Belvoir, Leicester Central

105 Queens Road, Leicester, LE2 1TT

0116 452 0041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Belvoir, Leicester Central

105 Queens Road, Leicester, LE2 1TT

0116 452 0041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leicester (1.0 mi)
  • South Wigston (2.6 mi)
  • Narborough (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Belvoir, Leicester Central

105 Queens Road, Leicester, LE2 1TT

0116 452 0041 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference P22. 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 Belvoir, Leicester Central . 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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