Key features

    • Chain Free
    • Four Bedrooms
    • Annual rental income of £16,080
    • Modern kitchen and bathroom
    • Great location close to Leicester City Centre
    • Fantastic investment

    Property ownership information

    • Tenure

      Freehold

    • Council tax band

      A

    Note:
    All property information is provided as a guide only. You should always check with your solicitor prior to the exchange of contracts.

    Description

    A fantastic opportunity to purchase this mid terraced property in the ever-popular Woodgate close to Leicester City Centre. The property has been converted to offer occupancy for four individual tenants returning approximately £16,080 per annum but is also available as a standard residential property.

    The property is presented to a good standard with a modern kitchen and bathroom downstairs, a communal living room and further reception room currently being utilised as the fourth bedroom. Upstairs, you'll find three further well-proportioned bedrooms. The property benefits from gas central heating and double glazing throughout and has a low-maintenance rear yard which provides outside space for residents.


    This property offers a fantastic yield of approximately 8% and is ideally suited to anyone looking for a healthy and consistent return of investment in a central location.


    Woodgate is located to the north west of the city, and lies in close proximity to Leicester City Centre itself. Highcross Shopping Centre is within walking distance, as well as Leicester Royal Infirmary and De Montfort University. The property provides excellent transport links in and out of the city and is positioned close to Leicester's bus and train stations.

    Property Description Disclaimer

    This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

    Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.