2 bed terraced house for sale

Mundella Street, Highfields, Leicester LE2

An excellent investment opportunity to acquire this well-presented two-bedroom end-terraced property, offered for sale with tenants in situ and currently achieving a rental income of £1,000 per calendar month, equating to £12,000 per annum.

Conveniently positioned in the popular Highfields area of Leicester, the property is within easy reach of Leicester city centre, Victoria Park and the wide range of shops, restaurants and amenities available along London Road. Regular bus services and excellent transport links are also readily accessible, making the location well suited to the rental market.

The accommodation begins with an entrance lobby incorporating useful under-stairs storage. There are two separate reception rooms, providing generous and versatile living and dining space, together with a modern-style fitted kitchen featuring a range of wall and base units, work surfaces, a built-in oven, gas hob and plumbing for a washing machine.

To the first floor are two well-proportioned double bedrooms and a spacious shower room fitted with a double shower cubicle, WC and wash hand basin. Further benefits include gas central heating and double glazing.

Outside, the property enjoys a walled courtyard-style garden with gated access to the front. On-street permit parking is available locally.

Being sold with the existing tenants in situ, this established rental property presents an appealing opportunity for landlords and investors looking to expand their property portfolio with an income-producing investment.

Location

This location provides easy access to Victoria Park, a large, popular green space perfect for recreation, walking, and sports. It is also ideally positioned near London Road, a major artery providing extensive bus routes and a diverse array of shops, cafes, restaurants, and other services.

The area benefits from good transport links, making it attractive for commuters and providing straightforward access to Leicester City Centre and the train station. This combination of parkland, local convenience, and transport links makes Mundella Street a desirable location for both first-time buyers and buy-to-let investors.

Entrance Lobby

With under stairs storage cupboard

Reception Room One (3.5m x 3.3m)

With double glazed window to side elevation, laminate flooring, radiator.

Reception Room Two (3.7m x 3.3m)

Laminate flooring, radiator, double glazed window to front and side elevations. Stairs to first floor.

Kitchen (3.80m x 1.98m)

With double glazed door and window to rear elevation. Stainless steel sink and drainer unit with a range of wall and base units with work surfaces over. Built-in oven and gas hob with chimney hood over. Boiler, plumbing for washing machine and tiled flooring.

First Floor Landing

With a radiator and access to upstairs rooms

Bedroom One (3.48m x 3.35m)

With double glazed window to side elevation, laminate flooring, radiator.

Bedroom Two (3.8m x 2.5m)

With double glazed window to side elevation, radiator.

Shower Room (3.73m x 1.90m)

With double glazed window to side elevation. Double shower cubicle with over rainfall shower and handheld shower. Low level WC, wash hand basin. Partially tiled walls, laminate flooring, radiator, extractor fan, and radiator.

Garden

Rear low maintenance courtyard garden with walled perimeter and paved areas.

Parking - On Street

On street parking is available subject to the necessary permits.

Disclaimer

Measurements are taken electronically and are for guidance only - not to be relied upon as exact. Services, appliances, and fittings have not been tested. Buyers must satisfy themselves through inspection. Floor plans are not to scale and are for layout guidance only. Knightsbridge Estate Agents make no warranties regarding the property. By law, we must carry out anti-money laundering checks for buyers and sellers. These are handled on our behalf by Kotini. A £70 fee (incl. VAT) charge applies. This must be paid before we can publish your property (for vendors) or issue a memorandum of sale (for buyers). The fee is non-refundable and paid directly to Lifetime Legal. We receive a portion of this fee for facilitating the checks.