Kimberley Road, Highfields, Leicester
- Type: Terraced House
- Availability: Sold STC
- Bedrooms: 7
- Bathrooms: 2
- Reception Rooms: 1
Kimberley Road, Highfields, Leicester, LE2 1LG
- Large HMO
- Mid-Terraced Property
- Six Double Bedrooms
- Accommodation Over Three Storeys
- Living Dining Kitchen
- Rear Garden
- Ideal For University Of Leicester
- Achieving £70pppw, 7.9% Yield
Property SummaryA six double bedroom mid-terraced HMO in the popular suburb of Highfields, ideal for the University of Leicester, achieving £70pppw equating to a 7.9% yield based on a 52 week contract.
This large HMO makes the ideal student property investment with six double rooms achieving £70pppw with scope for increase. Based on a 52 week contract, this investment would generate an attractive yield of 7.9%.
The accommodation is arranged over three storeys. The ground floor comprises an entrance hall, bay-fronted bedroom, another bedroom, and large living dining kitchen. The kitchen has been fitted with a range of cream high gloss wall and base units with a laminate worksurface incorporating an electric hob, sink and drainer, and secondary round sink. Appliances include a double oven below the hob and a fridge freezer while there are ample recesses for further white goods. A lobby grants access to the downstairs WC as well as the rear garden.
The first floor offers three further bedrooms, all good sized doubles, a single bedroom used as a study or extra living space, and a bathroom. The bathroom has been fitted with a bath with shower over and fixed shower screen, wash hand basin within a vanity unit, and WC.
Stairs lead up to the second floor where the final bedroom, with Velux windows, and a shower room are found. The shower room comprises a shower cubicle, wash hand basin, and WC.
The paved frontage sits behind a low level brick wall with a wrought iron entrance gate. On street permit parking is found on nearby streets.
To the rear is a good sized garden for relaxing and entertaining.
This property is ideal for the local University of Leicester student market.
Each double bedroom achieves £70 per person per week with scope for future increases.
Across a 52 week contract, this would generate a 7.9% yield.
Located on Kimberley Road, on the border of Highfields and Stoneygate in Leicester, the popular and bustling suburb is situated just off London Road, conveniently placed for access to Leicester City Centre with its bars and eateries, award winning Highcross Shopping Centre, professional quarters and train station. Beyond the property's garden, stunning outside space may be enjoyed at nearby Victoria Park.
The area boasts a buoyant student market with the University of Leicester just a short walk away welcoming thousands of home and international students each year.
Viewings and Directions
Strictly by appointment only through the sole agent Oliver Rayns.
Postcode for Sat Nav: LE2 1LG