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Norman Street, Leicester LE3 2 bed terraced house for sale
Norman Street, Leicester LE3
£170,000
Norman Street, Leicester LE3
£170,000
Price History
Initial price | £185,000 |
10/06/25 | £170,000 |
Price Change | -8.11% |
Description
This charming two-bedroom terraced home presents a ready-made investment opportunity in a popular and convenient location. Currently let to students until 2026, the property generates an annual rental income of £10,725, equivalent to 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 a low-maintenance rear yard and private storage, the property offers practical outdoor space for tenants. Situated in a well-established neighbourhood, the property is within walking distance of shops, cafes, and amenities, and has 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.