Fosse Road North, Leicester, LE3

Property Description:

his charming mid-terrace property is located on Fosse Road North, a vibrant and well-connected area in the LE3 district of Leicester. The property is currently tenanted, offering an excellent investment opportunity for buyers looking for a hassle-free purchase with immediate rental income of £850pcm.The house features a spacious layout with well-proportioned rooms, including a cozy living room with a feature fireplace, a fully fitted kitchen with ample storage and workspace, and two comfortable bedrooms. The bathroom is modern and functional, providing all necessary amenities. The property also boasts a private rear yard, ideal for outdoor activities or low-maintenance gardening.

About the LE3 Area:

The LE3 postcode area is one of Leicester’s most sought-after regions, known for its convenient access to the city center, local amenities, and excellent transport links. Fosse Road North, in particular, is a bustling area with a mix of residential and commercial properties, providing residents with easy access to shops, restaurants, and essential services. The area is also close to several green spaces, making it a desirable location for families and professionals alike.

Investment Potential:

This property is a fantastic investment opportunity, especially for those looking to expand their rental portfolio. With the property already tenanted, you can benefit from a steady stream of income from day one. Leicester's rental market is strong, particularly in the LE3 area, where demand for rental properties remains high due to the area's proximity to the city center, universities, and major employers. The property is currently rented for £950pcm.

High Demand on Fosse Road North:

Fosse Road North is a highly desirable location for both renters and homeowners due to its strategic position within Leicester. The area benefits from excellent public transport links, making commuting around the city easy. Furthermore, the ongoing developments and regeneration projects in Leicester contribute to the increasing demand for properties in this area. This demand ensures that properties on Fosse Road North retain their value and offer good capital growth prospects over time.Investing in this property not only secures you a steady income but also positions you in one of Leicester’s prime locations, making it a smart choice for both seasoned and first-time investors.