* Freehold
* Investment Opportunity
* Article Four Status
* Students In Situ Until Summer '25
* Communal Living Room
* Shower Room
* Fitted Kitchen and Appliances
* Potential To Be Converted Into Family Home
* Close To Amenities, Schools and University
With students in situ until summer 2025 and boasting Article 4 status, this
three bedroom terrace home on Adderley Road in Clarendon Park presents a
wonderful investment opportunity or potential to convert into a family home.
This superb three bedroom terrace home on Adderley Road in Clarendon Park
presents a fantastic investment opportunity, boasting an advantageous Article
Four status and currently let to students until June 2025. Generating a rental
income of approximately £16, 500 yearly at a 5. 6% yield, this property offers
immense potential for those seeking a smart investment or the chance to
transform it into a charming family home.
This property presents a rare opportunity to acquire a rental property with
guaranteed income. The presence of communal living spaces provides an inviting
atmosphere for tenants to relax and socialise, creating a harmonious living
environment, while the second bay - fronted reception room downstairs is
currently utilised as a bedroom.
To the rear of the property, discover a fitted kitchen with integrated
appliances and wall and base units, as well as generous space for dining. The
cohesive design of this space further enhances its appeal, catering to the
demands of both occupiers and potential tenants alike. Beyond the kitchen to
the rear of the home is a convenient store room.
Three bedrooms upstairs ensure accommodation for a growing family or students
alike. These rooms await customisation, allowing the creation of a bespoke
living space designed according to individual needs. A convenient shower room
facilitates easy living for multiple occupants, promoting both efficiency and
comfort.
Step outside and enjoy the charming courtyard garden - space suitable for
outdoor entertaining and a picturesque retreat from daily life, this charming
garden provides the perfect backdrop for warm summer evenings, al fresco
dining, or simply unwinding with a good book.
This superb Victorian terraced house sits in the highly popular residential
area of Clarendon Park, about a mile south of Leicester City Centre. It is a
short walk to a wide variety of local convenience shopping, like the Central
Co - Op Food, Queens Road with its superb range of trendy restaurants and bars,
Koffee Klubb, Papa Frites, The Tiny Bakery, Halcyon Kitchen and The Clarendon,
as well as Springfield Road Health Centre. Leicester City Centre provides a
wider choice of shopping outlets, boutiques, cafes, as well as a broad
selection of eateries and shopping opportunities.
The mainline rail station, which provides services to London St Pancras in
around an hour, is nearby as is Leicester Royal Infirmary, an excellent choice
of private and state schools, plus Leicester and De Montfort universities.
Viewings and Directions: Viewing by appointment only through the sole agent
Oliver Rayns
Postcode for Sat Nav: LE2 1WB
**Property brochure disclaimer**
1\. Particulars. These particulars are not an offer or contract, nor part of
one. You should not rely on statements made by Oliver Rayns in the particulars
or by word of mouth or in writing (“information”) as being factually accurate
about the property, its condition or its value. Neither Oliver Rayns nor any
joint agent has any authority to make any representations about the property
and accordingly, any information given is entirely without responsibility on
the part of the agents, seller (“seller”) or lessor (“lessor”).
2\. Photos, etc. The photographs show only certain parts of the property as
they appeared at the time they were taken. Areas, measurements and distances
given are approximately only.
3\. Regulations, etc. Any reference to alterations to, or use of, any part of
the property does not mean that any necessary planning, building regulations
or other consent has been obtained. A buyer or lessee must find out by
inspection or in other ways that these matters have been properly dealt with
and that all information is correct.
4\. VAT. The VAT position relating to the property may change without notice.
5\. Particulars, photographs, etc. Particulars dated October 2023.
Please note: Whilst every care has been taken in preparing these particulars,
details have been supplied by the Vendor/Agent/Developer. Oliver Rayns cannot
be held responsible for any misstatement, error or omission.

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