5 bedroom house of multiple occupation for sale

>

5 bedroom house of multiple occupation for sale

Station Street, Leicester, Leicestershire, LE18
£187,000

Price History

Initial price £220,000
24/11/24 £216,000
29/11/24 £212,000
14/12/24 £200,000
20/12/24 £196,000
02/01/25 £193,000
10/01/25 £190,000
17/01/25 £187,000
Price Change -15.00%

Description

This 5-bedroom HMO in Wigston is a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features 5 bedrooms, 2 bathrooms, and 3 wc, as well as a lounge, kitchen, and courtyard. Currently, the property produces an annual gross income of £16,800, which could be increased to a market rate of £21,600 with new tenants. The current tenants have been paying rent consistently and have no plans to move out, making it an attractive option for investors. With its valuable amenities nearby and rewarding rental returns, this property is a worthwhile addition to any portfolio.