Russell Street, Loughborough, Leicestershire, LE11

£265,000
  • 4 beds
  • 2 baths
  • 1 reception
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

Key Features

  • Fully licensed four-bedroom HMO
  • Central town location with strong tenant demand
  • Gross annual income of £19,860
  • Solid 6.73% rental yield
  • Popular with consistent long-term tenants
  • Two modern shower rooms
  • Communal lounge and well-equipped kitchen
  • Double glazing and gas central heating throughout
  • Low-maintenance rear patio area
  • Turnkey investment with proven returns

Description

Leaders are delighted to present this excellent investment opportunity – a fully licensed four-bedroom HMO property, ideally positioned in a central town location. Currently achieving a gross annual income of £19,860, the property delivers a strong yield of 7.22%. With four double bedrooms, two bathrooms, a communal reception room, and a well-equipped kitchen, this property is well-suited to both student and professional tenants. Benefitting from full double glazing and gas central heating, this is a sound addition to any investment portfolio.

Ground Floor Accommodation:
The property is entered via the entrance hall, which leads to the ground floor bedroom (Bedroom Four), complete with a double-glazed window to the front elevation and a radiator.
Further along the hallway is the communal reception room, providing access to the staircase leading to the first floor and a UPVC door that opens to the enclosed rear patio area.
Beyond this, the kitchen is fitted with wall and base units, rolled edge worktops, an integrated oven, four-ring gas hob with extractor hood, integrated dishwasher, inset sink with tiled splashback, and a double-glazed window to the side elevation. At the rear of the ground floor is a three-piece shower room including a corner shower, close-coupled WC, wash hand basin, and a frosted window to the side.

First Floor Accommodation:
The first floor provides access to three additional bedrooms and a second shower room. Bedroom One is located at the rear of the property, featuring a double-glazed window and radiator. Bedroom Two is at the front and also includes a radiator and double-glazed window. Bedroom Three has a side-facing double-glazed window and radiator.
The second shower room consists of a walk-in shower, close-coupled WC, and wash hand basin.

External Areas:
To the rear is an enclosed slabbed patio area, bordered by fencing. On-street parking is available at the front of the property.

Location and Investment Potential:
The property is located in a central part of town, offering excellent access to public transport, local amenities, and nearby universities. This area remains a popular choice for both students and professionals, supporting strong and consistent rental demand. With solid transport connections and access to shops, dining options, and services, it presents a compelling opportunity for investors seeking reliable returns.

Leaders welcomes all enquiries and viewings.
To arrange a viewing or request further details, please contact our team today.

**Please note these photos were taken prior to the tenancy** Council Tax Band: A.

Calculate stamp duty online
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Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Russell Street, Loughborough, Leicestershire, LE11

£265,000
  • 4 beds
  • 2 baths
  • 1 reception
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

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