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Knighton Road, Knighton, Leicester

£175,000
Yield: 10.7%
Likely Rental: £1560 pcm
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Property Summary

Thinking of buying for investment?

Likely Monthly Rental: £1560pcm

Likely Yield: 10.7%

A stylishly presented first floor flat situated within the popular suburb of Knighton. SPLIT INTO THREE LETABLE BEDSITS achieving over £1500 PCM 10.7% rental yield. NO CHAIN. Entrance hall, three spacious bedsits, communal kitchen and bathroom.

Property Features

  • A Stylishly Presented First Floor Flat (currently 3 bedsits)
  • Storage Heating, Double Glazing
  • Entrance Hall, Three Spacious Bedsits
  • Stylish Communal Kitchen, Communal Bathroom
  • Available with No Upward Chain

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More Information?

Clarendon Park
72 Queens Road
Clarendon Park
Leicester
LE2 1TU

Full Details

A stylishly presented first floor flat situated within the popular suburb of Knighton currently split into three letable bedsits previously providing the current vendor a monthly income of over £1500 equivalent to a gross yield of over 10%. The property, which is available with No Upward Chain, has a stylish theme throughout and all fixtures and fittings are included within the sale. The property includes an entrance hall, three spacious bedsits, stylish communal kitchen and communal bathroom.The property is well located for everyday amenities and services including renowned local public and private schooling including Overdale Infant and Junior Schools and nursery day-care, Leicester City Centre and the University of Leicester, Leicester Royal Infirmary and Leicester General Hospital. The property is also within minutes’ walk of Knighton Park together with Queens Road shopping parade in neighbouring Clarendon Park with its specialist shops, bars, boutiques and restaurants.Communal Entrance With stairs to first floor.Entrance HallWith laminate floor, airing cupboard, storage cupboard.Bedsit One 16’3” x 15’10” narrowing to 13’10”With double glazed window to the front elevation, laminate floor, TV point, storage heater.Bedsit Two 13’5” x 10’4”With double glazed window to the rear elevation, laminate floor, TV point, storage heater.Bedsit Three 12’2” x 9’2”With double glazed window to the rear elevation, laminate floor, TV point, storage heater.Stylish Communal Kitchen 10’3” x 7’ Comprising: stainless steel sink and drainer unit, a range of wall and base units with worksurfaces over, freestanding oven and hob with stainless steel extractor hood over, freestanding fridge freezer with cold water dispenser, freestanding washer/dryer, laminate floor.Communal BathroomComprising: bath with electric shower over, pedestal wash hand basin, low level WC, vinyl floor, extractor fan, wall heater.OutsideThere are a block of garages to the rear owned by Leicester City Council. It may be possible to apply to lease a garage for a separate additional payment.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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