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7 bedroom terraced house

Sold STC
Terraced house
7 beds
2 baths
2068
EPC rating: C
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

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

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. 

* 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


About this agent

Pure Investor - Pure investor
Pure Investor - Pure investor
The Forum Tameside Business Park, Windmill Lane, Denton, Manchester M34 3QS
0161 506 6487
Full profileProperty listings
About Pure Why should you consider purchasing through Pure Investor? We're passionate about the buy-to-let property market in the UK, and feel it has a genuine claim to be an integral part of any investment property portfolio. We work hard to bring our clients the most accurate and up to date information on each project we offer. This includes aftersales, bringing you regular updates on the progress of your development. Our location in Manchester allows us quick and easy access to the developments we offer. We don’t rely on others, we regularly go and visit the developments we sell. Over half of our business today is based on referrals from existing clients. This is something we are incredibly proud of, and which we are keen to continue and improve on. Our offices are situated in Manchester, in the north west of the UK. Our client base is global, as we work with a large network of investors from destinations including the UK, Hong Kong, Malaysia, Singapore, China United Arab Emirates and India on a daily basis. If you are thinking of purchasing a buy-to-let property for investment purposes, why not contact us today to discuss your requirements in more detail? We look forward to speaking with you!
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