3 bed property for sale

Halstead Street, Highfields, Leicester, Leicestershire LE5

A fantastic investment opportunity with a potential 8% annual return. This well-maintained freehold property in the ever-popular Spinney Hill area is split into two self-contained flats, generating dual rental income.

Flat 1, arranged over the ground and first floors, welcomes you into a bright and spacious reception room, a modern integrated kitchen, and a stylish bathroom complete with bathtub, WC, and wash basin. Upstairs boasts two generously sized bedrooms, with pleasant views to both the front and rear—ideal for families or long-term tenants looking for a comfortable home in a convenient location.

Flat 2, situated on the lower ground floor, features a roomy bedroom, a light-filled reception area, a fitted kitchen, and a modern bathroom. Its smart, self-contained layout and warm, homely feel make it perfectly suited to a Single occupant preferred or student tenant.

The property benefits from separate gas and electric meters for each flat, with a shared water meter.

Current rental income for both units £1,400 pcm, with scope to increase rental yield to £1800 pcm in line with rental incomes in the area for similar types of properties. This property offers a strong rental yield, low management complexity, and the security of owning the entire freehold.

The property can be sold with vacant possession or with tenants in situ, giving buyers flexibility depending on their needs—whether youre looking to move in, let both units, or a mix of both.

Located within walking distance of shops, schools, places of worship, and excellent transport links, this is an ideal long-term hold in a high-demand area.

Don-t miss out on this rare opportunity—contact Main Estates today to arrange your private viewing appointment.

Reception (3.49m x 3.38m)

Flat 1 Kitchen (3.62m x 1.66m)

Flat 1 Bedroom 1 (3.48m x 3.40m)

Flat 1 Bedroom 2 (3.48m x 3.40m)

Flat 1 Bathroom (2.63m x 1.65m)

Flat 2 Bedroom 1 (5.15m x 3.41m)

Flat 2 Living Room (3.62m x 3.42m)

Flat 2 Kitchen (3.29m x 1.75m)

Flat 2 Bathroom (3.29m x 1.56m)