Map5 bedroom terraced house for sale
Key information
Features and description
- 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
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