Back to search result

Leicester, LE5

Halstead Street

3 bedrooms House New instruction
Two Self-Contained Flats Within a Single Freehold – A High-Yield Investment Opportunity
£260,000
£260,000 pcm (£60,000 pw )

Highlights

Address:

Halstead Street, LE5

Guide price:
£260,000
£260,000 pcm (£60,000 PW)
Property type:

House - New instruction

Reference ID:

56


description

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 professional 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 you're 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 (3.49 x 3.38 m - 11′5″ x 11′1″ ft)


Flat 1 Kitchen (3.62 x 1.66 m - 11′11″ x 5′5″ ft)


Flat 1 Bedroom 1 (3.48 x 3.40 m - 11′5″ x 11′2″ ft)


Flat 1 Bedroom 2 (3.48 x 3.40 m - 11′5″ x 11′2″ ft)


Flat 1 Bathroom (2.63 x 1.65 m - 8′8″ x 5′5″ ft)


Flat 2 Bedroom 1 (5.15 x 3.41 m - 16′11″ x 11′2″ ft)


Flat 2 Living Room (3.62 x 3.42 m - 11′11″ x 11′3″ ft)


Flat 2 Kitchen (3.29 x 1.75 m - 10′10″ x 5′9″ ft)


Flat 2 Bathroom (3.29 x 1.56 m - 10′10″ x 5′1″ ft)



.

Floorplan

Schools nearby

Transport nearby

Brochure

{IMAGE1}

Property Inquiry

3 bedrooms House in Leicester, LE5


Key features

Shops and amenities nearby, Chain Free Sale, Investment Opportunity, Ideal for First Time Buyer, Desirable Location, Modernized, Schools nearby, Garden, Rare Opportunity, Recently Renovated

Contact us

Main Estates Ltd
  • Phone: 0116 366 7273
  • Email: hello@mainestate.co.uk
Get in touch

Contact agent

Main Estates Ltd
  • Phone: 0116 366 7273
  • Email: hello@mainestate.co.uk
Get in touch

Share this

Share this wonderful 3 beds 2 bath House situated in Halstead Street, LE5 on your favorite social media

Information

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied... upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

Seeking expert guidance?

Contact us if you require any help or have questions about the property listed above. We're here to assist you in your property search.