Norman Street, Leicester LE3 2 bed terraced house for sale

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Norman Street, Leicester LE3 2 bed terraced house for sale

Norman Street, Leicester, LE3 0BA
£150,000

Price History

Initial price £185,000
10/06/25 £170,000
08/07/25 £150,000
Price Change -18.92%

Description

This charming two-bedroom terraced home presents a ready-made investment opportunity in a popular and convenient residential location. Currently let to students until 2026, the property generates an annual rental income of £10,725, equating to approximately £893.75 per month, providing a gross rental yield of approximately 5.8%. The property features two versatile reception rooms, a fitted galley-style kitchen, two generously sized double bedrooms, and a spacious family bathroom. With period features such as high ceilings and a decorative fireplace, the property offers comfortable accommodation with potential for future upgrades or reconfiguration. The low-maintenance rear yard includes private storage and gated access, providing practical outdoor space for tenants. Situated in a well-established neighbourhood, the property is within walking distance of shops, cafes, and amenities, and offers excellent transport links to Leicester city centre and the wider ring road network. This is a hassle-free investment with a tenant already in place, long-term rental agreement secured, and immediate income from day one.