2-bedroom house · LE2 8AD
For saleReduced £50 (−0%) on 31 JulListed 130 days
Opportunity summary
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About
Investment Opportunity – Tenant in Situ Paying £975 pcm – Two Double Bedrooms – Character Terrace – Excellent City Links Offering an excellent opportunity for investors, this attractive Victorian mid-terraced home is available with a tenant already in situ and generating an income of £975 pcm.
Combining period character with practical modern living, the property is ideally positioned for access to Leicester city centre, local amenities, sporting arenas, and excellent transport connections.
The home welcomes you through a bright and comfortable living room, where a feature fireplace creates a warm focal point and a cosy atmosphere.
Beyond, the separate dining room provides additional reception space, perfect for everyday living and entertaining, while retaining further character features and useful storage.
The fitted kitchen is well arranged with a range of wall and base units, integrated cooking appliances, and direct access to the rear garden, creating a practical and functional space for modern lifestyles.
To the first floor are two genuine double bedrooms, both offering comfortable accommodation with plenty of natural light and flexibility for tenants, professionals, couples, or small families.
The bathroom is fitted with a white suite including a bath with shower, providing a clean and practical space.
Outside, the enclosed rear garden offers a low-maintenance outdoor area with paved seating space, a useful shed, and rear pedestrian access.
Further benefits include gas central heating and double glazing.
Situated in a convenient location close to local shops, supermarkets, schools, sporting facilities, and everyday amenities, the property enjoys excellent public transport links and road access to the city and surrounding areas, making it an attractive proposition.
Whether you're looking to expand your portfolio or secure a ready-made investment with immediate income Contact Hunters today to arrange further information or book your viewing.
Lounge (3.39 x 3.37 (11'1" x 11'0")) Central heating radiator, Laminate flooring, Feature fireplace, Window to front Dining Room (3.38 x 3.30 (11'1" x 10'9")) Laminate flooring, Central heating radiator, Window to rear, Understairs storage cupboard, Feature fireplace Kitchen Wall and base units, Gas hob, Electric oven, Cooker hood, Partly tiled walls, Laminate floor, Window to side and rear, Plumbed for washing machine, Stainless steel single drainer sink unit, Door to rear Stairs And Landing Fitted carpet, Central heating radiator Bedroom 1 (3.37 x 3.29 (11'0" x 10'9")) Window to front, Central heating radiator, Laminate flooring Bedroom 2 (3.31 x 2.46 (10'10" x 8'0")) Window to rear, Central heating radiator, Laminate flooring, Storage area Bathroom Laminate flooring, Fully tiled, Central heating radiator, Pedestal wash hand basin, Frosted window to rear, Panelled bath with electric shower, Low level wc Garden Paved area, Rear pedestrian access, Shed Material Information - Wigston Verified Material Information Asking Price £210,000 Council tax band: A Council tax annual charge: £1528.34 a year (£127.36 a month) Tenure: Freehold Property type: House Property construction: Standard form Number and types of room: 2 bedrooms, 1 bathroom, 1 reception Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Central heating Heating features: None Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Excellent, Vodafone - Excellent, Three - Excellent, EE - Excellent Parking: On Street Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: No Long-term flood risk: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: Yes Energy Performance rating: C All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 36, Grace Road, Leicester
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