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Severn Street, Leicester, Leicestershire, LE2

PROPERTY TYPE

Terraced

BEDROOMS

7

BATHROOMS

2

SIZE

2,065 sq ft

192 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Spanning Over 3 Floors
  • 7 Bedrooms
  • Yield Of 8.6%
  • 5% Annual Rental Increase Per Annum
  • Corporate Let
  • Modern Throughout

Description

Pure Investor brings to the market this 7-bedroom mid-terraced property at 40 Severn Street, Leicester LE2 1BA. The property has just changed tenancies with the previous tenants paying £36,309 with all tenants paying for bills themselves. The property consists of a communal living room, kitchen, and two-family bathrooms on the ground and first floor. There is one double bedroom on the ground floor, three double and one single bedroom on the first floor and two double bedrooms on the second floor.

Key Selling Information
* 7-bed mid-terraced property
* Asking price £400,000.00
* 2 family bathrooms
* Corporate let currently
* Self-managed
* Current rental income of £34,580.00 per annum. This will increase to £36,309.00 on August 2024.
* 5% rental increase from August 2024
* The new tenants are now contracted to pay all utility bills.
* Gross yield - 8.6%
* On-street parking
* Access to some outside space
* Council Tax Band - C


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Pure Investor are one of the UK's leading property investment consultancies, specialising in the sale of tenanted buy-to-let properties throughout the UK. If you're currently considering selling your buy-to-let, and would like to find out more information on how we work with landlords like yourself, please feel free to contact us today via the contact form on the right hand side of this page.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Severn Street, Leicester, Leicestershire, LE2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.4 miles
  • South Wigston Station3.3 miles
  • Syston Station4.7 miles
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About the agent

Pure, Manchester

125 Deansgate, Manchester, M3 2LH

Pure, Manchester

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

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Disclaimer - Property reference 40-Severn-Street-Leicester-LE2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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