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£325,000

313 East Park Road, Leicester

  • 1 bed
Terraced house

£325,000

  • 1 bed
Terraced house
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Estimate monthly mortgage payment:

£1,484 per month

Minimum deposit amount:

£16,250
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Pure Investor brings to the market this 6-bedroom mid-terraced property at 313 East Park Road, Leicester, Leicestershire LE5 5HL. The property currently operates on a corporate let with this being in place since the end of 2021 and is due to expire at the end of 2026, however there is a strong indication that they would be looking to extend. The property comes 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 bedrooms on the first floor and two double bedrooms on the second floor.
Key Selling Information
- 6-bed mid-terraced property
- Asking price £325,000.00
- 2 family bathrooms
- Corporate let currently
- Self-managed
- Start date of corporate let 21/12/2021
- End date of corporate let 21/12/2026
- Current rental income £1,979.50 per annum
- £23,754.00 per annum
- Yield per annum 8.0%
- 5% annual increase on the rental income
- The tenants pay for the bills in the property separately
- Freehold
- On street parking
- Front and rear garden space

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£1,484 per month
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Mortgage and legal costs:
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