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Evington Road, Evington, Leicester

£350,000
Yield: 6.86%
Likely Rental: £2000 pcm
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Property Summary

Thinking of buying for investment?

Likely Monthly Rental: £2000pcm

Likely Yield: 6.86%

Period SEVEN BEDROOM three-storey mid-terrace with a CURRENT HMO LICENCE. A potential ROI of 20% when buying with a mortgage. Could convert into three flats or would make a large family home. Living room, kitchen/dining room, two shower rooms.

Property Features

  • A Three-Storey Mid-Terrace Period Property
  • Gas Central Heating, Double-Glazing
  • Entrance Hall, Cellar, Communal Living Room, Reception/Bedroom
  • Open-Plan Kitchen/Dining Room, Ground Floor Shower Room, WC
  • First Floor Landing with Three Bedrooms & Shower Room
  • Second Floor Landing with Three Further Double Bedrooms
  • Front Forecourt, Rear Courtyard Garden

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More Information?

Clarendon Park
72 Queens Road
Clarendon Park
Leicester
LE2 1TU

Full Details

With a current HMO licence and seven bedrooms, this period mid-terrace would also make a large family home or alternatively could be converted into three flats if required, subject to necessary planning permissions. The property has a potential Return On Investment of 20% when buying with a mortgage and would make an ideal investment opportunity. The accommodation includes an entrance hall, cellar, reception room one/communal living room, reception room two/bedroom seven, open-plan kitchen/dining room, ground floor shower room and separate WC. The first floor includes three bedrooms and shower room. The second floor includes three further double bedrooms. Outside enjoys a front forecourt and rear courtyard garden. The property is well located for everyday local amenities and services including renowned local public and private schooling including nursery day-care. Madani Muslim Secondary School is situated on Evington Valley Road and Masjid Umar Mosque and Islamic Centre are both within minutes’ walk of the property, and further everyday amenities can be found along Evington Road and Leicester City Centre as well as in neighbouring Stoneygate and Clarendon Park. Leicester University, Leicester Royal Infirmary and Leicester General Hospital are also easily accessible.Entrance HallWith stairs to first floor, door to cellar, radiator.Reception One/Communal Living Room 16’1” into bay x 13’With double-glazed bay window to front elevation, radiator.Reception Room Two/Bedroom Seven 14’ x 11’ With double-glazed window to rear elevation, radiator. Open-Plan Kitchen/Dining Room 19’5” x 9’10”With two double-glazed windows to side elevation, kitchen comprises: stainless steel sink and drainer unit with a range of wall and base units with work surfaces over, two separate cooker points, plumbing for dishwasher, radiator.Lobby With double-glazed door to rear garden.Ground Floor Shower Room 6’5” x 5’7” With double-glazed window to side elevation, comprising: walk-in shower cubicle with glass shower screen, pedestal wash hand basin, storage cupboard, heated chrome towel rail.Separate WC 3’5” x 2’10” With double-glazed window to side elevation, low-level WC, wash hand basin.First Floor LandingWith access to the following rooms: Bedroom One 20’2” x 16’2” With double-glazed bay window to the front, further double-glazed window to front elevation, original feature fireplace, radiator.Bedroom Two 14’ x 13’10”With double-glazed window to rear elevation, original fireplace, radiator.Bedroom Three 13’2” x 6’8”With double-glazed window to the side elevation, radiator.Shower Room 9’10” x 5’10” With double-glazed window to the rear elevation, comprising: walk-in shower cubicle with glass shower screen, low-level WC, pedestal wash hand basin, heated chrome towel rail. Second Floor LandingWith access to the following rooms:Bedroom Four 14’ x 14’ With double-glazed window to rear elevation, fitted wardrobes, radiator. Bedroom Five 14’ x 9’8” With double-glazed window to front elevation, built-in wardrobe, radiator. Bedroom Six 10’10” x 10’4” With double-glazed window to front elevation, radiator.FrontageFront forecourt. Rear Garden A paved courtyard-style rear garden with gated side access.VALUATIONS: If you are considering selling we would be happy to advise you on the value of your own property together with marketing advice with no obligation.

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