Howard Road, Leicester, LE2

£385,000 Guide Price
  • Ref: a9ea8776-2497-40aa-af7f-5424fa5255b7
  • Type: Terraced
  • Availability: For Sale
  • Bedrooms: 4
  • Bathrooms: 2
  • Reception Rooms: 2
  • Council Tax Band: B
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Property Features

  • Investment Opportunity/ Article 4
  • Five Bedrooms Let
  • Current Rental Yield Of 4.51%
  • Spanning Over 1450 Sq.Ft
  • Loft Conversion With Ensuite
  • Downstairs WC
  • Walk Through Kitchen Dining
  • Tenanted Until 2023
  • Sought After Clarendon Park Location
  • Separate Utility Area

Property Summary

Located in the popular area of Clarendon Park in Leicester and just offered to the market is this ideal investment opportunity. The five bedroom property is currently fully occupied as student accommodation with scope to increase the current rental income.

Full Details

The property sits in a sought-after residential road within walking distance of the University of Leicester, De Montfort University and Victoria Park as well as a variety of convenience stores, making it perfect for students. There are a number of original features including coved ceilings, original fireplaces and a bay window. The property is double glazed throughout.

To the front of the property is a well-established hedge which provides a high level of seclusion to the ground floor. A pathway leads to the part glazed front door with window above which gives access to the entrance hall, with carpeted stairs to the first floor. To the left of the hall is the ground floor bedroom with a bay window that allows plenty of light in and an attractive brick fireplace with brick hearth and wood mantel above.

A door at the end of the hall leads into the spacious living room which features a lovely fireplace with marble hearth, marble façade and wood surround with mantel above. There is also a large storage cupboard under the stairs. An open doorway takes you into the galley kitchen/dining room with red tiled floor and plenty of space for table and chairs. There is a range of wall and base units, some with drawer space, with work surfaces above and part tiled walls behind, a built in oven and hob with extractor hood above, a single drainer stainless steel sink unit with mixer tap, space for a fridge/freezer and a further under-counter fridge. A part glazed door leads into the utility room which has a double base unit with work surface above, fitted shelves, space for a washing machine, door to the downstairs WC and access to the rear garden.

From the hall, the staircase leads to the first floor landing which gives access to three bedrooms, the shower room and stairs to the second floor. Two of the bedrooms on the first floor feature original fireplaces and the third bedroom, which overlooks the garden, has a built-in cupboard. The part tiled shower room has a WC, pedestal wash hand basin and corner shower cubicle with curved sliding glass door.

Wood balustrade stairs from the first floor landing lead up to the second floor and the double aspect fifth bedroom with three skylights, delightful exposed painted brickwork and a walk-in cupboard. The part tiled ensuite shower room has a low level WC, wash hand basin and tiled step up into a fully tiled shower cubicle with folding glass door. There is also a sliding door into a large storage area.

To the rear of the property is a paved terrace and steps up to the garden, which is part wood fenced and part walled and rather overgrown, but a variety of established trees and shrubs provide a high level of privacy.

The property has Article 4 status.

PLEASE NOTE: Whilst every care has been taken in preparing these particulars, details have been supplied by the Vendor/Agent/Developer. Oliver Rayns cannot be held responsible for any misstatement, error, or omission.