2 bed terraced house for sale

Mundella Street, Highfields, Leicester LE2

Generating £12,000 per annum with tenants already in place, this two-bedroom end-terraced home offers investors the chance to acquire an established rental property in Highfields, within easy reach of Leicester city centre.

The property provides surprisingly generous accommodation across two floors, beginning with an entrance lobby and useful under-stairs storage. Two individual reception rooms create plenty of living space, offering flexibility for separate lounge and dining areas.

Positioned to the rear, the kitchen is fitted with a range of modern-style units complemented by work surfaces, a built-in oven, gas hob and plumbing for a washing machine, with a door providing access outside.

Moving upstairs, there are two double bedrooms alongside a notably spacious shower room. The shower room includes a double cubicle with rainfall and handheld shower fittings, wash hand basin and WC.

The home also benefits from gas central heating and double glazing, while outside there is an enclosed, courtyard-style garden designed for easy maintenance. Permit parking is available on surrounding streets.

Mundella Street is well placed for the many shops, cafés, restaurants and everyday amenities found throughout Highfields and along nearby London Road. Leicester city centre, the railway station and Victoria Park are also readily accessible, with a choice of local bus routes and road links nearby.

Currently achieving £1,000 per calendar month, the property is being sold with tenants in situ, making it particularly suited to landlords seeking an investment where rental income is already established from completion.

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.