A generous five bedroom student investment benefitting from Article 4 along with a current HMO license. The property is currently vacant but previously benefitted from being let at £19,200pa with scope for further improvement and increased return. Located minutes from the University of Leicester.
Property This stunning villa gives the exciting opportunity for a large rental property, ideal for the thriving nearby student market, or as a project for new owner occupancy. The generous accommodation spans across two storeys to provide two well-proportioned reception rooms, one to the front and a second to the rear and a large kitchen leading to a rear lobby providing access to the additional shower room and WC. Each reception room is set up as a bedroom at present. The tiled kitchen currently offers a wide range of off white wall and base units with a matching worksurface with timber effect trim encompassing an oven, gas hob, and sink and drainer unit. There are several recesses for further appliances, currently housing a freestanding fridge and washing machine. The upper floor provides access to three vast double bedrooms, each bedroom offering ample space for freestanding furniture including a wardrobe and desk. The bay-fronted bedroom enjoys views over the leafy outlook. A bathroom, fitted with a panelled bath with shower over, wash hand basin, and WC, in complete working order, serve the bedrooms and guests. A would-be fourth bedroom for a typical family set up makes the ideal space for a reading room or study. Outside The frontage of the property sits back from Victoria Park Road and offers an ample driveway for car standing, decorated by well maintained hedging. To the rear, a spacious paved yard, surrounded by beautiful brick walls, provides the ideal space for entertaining and relaxing without the stress of constant upkeep. A secure gate to the rear offers access into the alleyway. Location This large property occupies a prominent position on the bustling Victoria Park Road in the centre of Clarendon Park. The highly sought after suburb lies approximately a mile to the south of the city centre and offers local day-to-day shopping while an abundance of trendy bars and restaurants can be found on Queens Road, just a minute's walk further away. The University of Leicester main campus is found opposite the property hence offering the ideal spot for students. For families, the city centre, professional quarters and mainline railway station with fast services to London St Pancras are only a short distance away, across Victoria Park and down the leafy New Walk. The property is also excellently situated for Leicester's second university and Leicester Royal Infirmary. Viewings and Directions Strictly by appointment only through the sole agent Oliver Rayns. Postcode for Sat Nav: LE2 1XF