5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- 3 Separate Apartments
- 2 x 2 Bedroom Apartments, 1 x 1 Bedroom Apartment
- Spanning Over 3 Floors
- Annual Rental Income Of £24,000
- 6.8% Yield
- Freehold
Pure Investor brings to the market 3 separate apartments being sold under one freehold at 440 East Park Road, Leicester. The property consists of 2 x 2 bedroom and 2 bathroom & 1 x 1 bedroom and 1 bathroom apartments on the ground, first and top floor. Each apartment currently has tenants in situ who have recently agreed and extension on their lease to the 31st of July 2025. In a prime residential buy-to-let location the apartment will most likely not be on the market long.
Key Selling Information
- Full address: 440 East Park Road, Leicester, LE5 5HH
- 3 Separate apartments within the same property, Ground floor (2 bedrooms, 2 bathrooms), first floor (2 bedrooms, 2 bathrooms), top floor (1 bedroom, 1 bathroom)
- Asking price £350,000
- 5 bathrooms overall
- Each apartment is let out individually
- Self-managed
- Current rental income of £24,000.00 per annum
- Ground floor apartment - £720.00pcm, fixed tenancy till 31/07/2025
- First floor apartment - £720.00pcm, fixed tenancy till 31/07/2025
- Top floor apartment - £560.00pcm, fixed tenancy till 31/07/2025
- All of the tenants pay the bills separately so no cost attributed to the landlord unless the apartments are vacant
- Property being sold under one title deed
- Freehold property
- On-street parking
- Council Tax Band - 'A' for each apartment
Places of interest
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Property reference 440eastpark. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure Investor - Pure investor.
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Broadband availability and predicted speed: obtained from Ofcom on April 7, 2022
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 7, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 31, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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