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2 Bed Terraced House, Refurb/BRRR, Leicester, LE4 7AG £185,000

St. Michaels Avenue, Leicester, LE4 7AG - 7 views - 10 months ago
  1. Deal Search
  2. Leicester
  3. LE4
  4. LE4 7AG
Sold STC
Cash
Refurb/BRRR
ROI: 1%
~68 m²

ValuationFair Value

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Links

  • More Deals in Leicester
  • More Deals in LE4
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Leicester
  • More Refurb/BRRR Deals in LE4

Property History

Listed for £185,000

February 14, 2025

Description

  • TWO BED MID TERRACE HOUSE +
  • IDEAL INVESTMENT OPPORTUNITY +
  • IN NEED OF REFURBISHMENT +
  • CASH OFFERS ONLY INVITED +
  • GAS CENTRAL HEATING +
  • FULLY DOUBLE GLAZED +
  • NO UPWARD CHAIN +
  • FREEHOLD +
  • COUNCIL TAX: BAND A +
  • EPC: 49E +

This mid-terrace house for sale at St. Michaels Avenue, Leicester, presents the discerning buyer with an ideal investment opportunity and is on the market with a starting price of offers over £185,000. The traditional two-storey residence boasts two good-sized bedrooms, a single bathroom and two generously appointed reception rooms. Please note that due to the property's current need for refurbishment, cash offers are being exclusively considered at this stage.

Situated in a highly popular residential area of Leicester, this home serves up a plethora of potential as a long-term investment, making an ideal purchase for investors and home renovators alike. Whilst the property would benefit from refurbishment, it does already feature the benefits of gas central heating and full double glazing throughout. Upon completion of profiles, this neat property could serve as a wonderful starter home, or provide a high rental yield for the buy-to-let investor.

Offered without the complications of an upward chain, the house has a Council Tax band A rating and an energy performance certificate (EPC) rating of 49E. All this makes for an attractive and affordable proposition for those wishing to undertake a refurbishment project.

The freehold property is ideally located within the St. Michaels Avenue area, known for its proximity to excellent local amenities and well-regarded schools. It also enjoys excellent transport links, making it highly convenient for residents and potential tenants.

Whilst in need of some TLC, an internal viewing is highly recommended to appreciate the scope of potential this property truly possesses. Be it for investment purposes or simply to turn into a lovely family home, this property filled with possibility eagerly awaits its new owner.

In conclusion, this two-bedroom mid-terrace house represents a remarkable investment opportunity. Its inviting initial list price, coupled with the latent potential for substantial property value growth post-refurbishment, provides a dynamic and profitable opportunity for the astute investor or ambitious homeowner. Don't miss out on the opportunity to add this gem to your portfolio.

Agent Details

Rathods, Leicester

0116 502 3320

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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