Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1

Agent: Leaders - Loughborough Phone: 01509 428595

An investment opportunity offered for sale with a tenant in situ, currently producing an annual rental income of £7,140. While the existing rent sits below current market levels, the property presents potential for future improvement, offering scope for a revised rental return over time.<br/><br/>The accommodation includes two reception rooms, a fitted kitchen, ground floor bathroom, and two well-proportioned bedrooms, along with an enclosed rear garden. Positioned within an established residential setting, the property provides a ready-made addition to a rental portfolio with the benefit of immediate income and longer-term potential for rental growth.<br/><br/>Entrance Porch:<br/>Accessed via the front door, the porch benefits from a frosted window and provides practical space for coats and shoes, with a door leading through to the living accommodation.<br/><br/>Reception Space One:<br/>Featuring wood-effect flooring and exposed ceiling beams, this reception room offers a good level of character. A double glazed window to the front elevation allows natural light, while stairs rise to the first floor with useful storage beneath. The room opens through to the second reception space.<br/><br/>Reception Space Two:<br/>Currently utilised as a dining area, this room continues the wood-effect flooring and exposed beams, creating a cohesive feel. A decorative fireplace provides a focal point, and there is access through to the kitchen.<br/><br/>Kitchen:<br/>Fitted with a range of matching wall and base units with work surfaces over, the kitchen also benefits from a breakfast bar area. There is an five ring gas cooker with oven, sink with drainer positioned beneath the rear window, and space for appliances including plumbing for a washing machine. A door provides access to the rear garden, with an additional internal door leading to the bathroom.<br/><br/>Bathroom:<br/>A fully tiled suite comprising a bath with shower over, pedestal wash hand basin, and low flush WC. A frosted window to the rear elevation provides natural light.<br/><br/>Landing:<br/>Providing access to both bedrooms and the loft hatch.<br/><br/>Bedroom One:<br/>A double bedroom positioned at the front of the property, featuring wood-effect flooring, a window to the front elevation, and a useful built-in storage cupboard.<br/><br/>Bedroom Two:<br/>A further double bedroom located to the rear, with a window allowing natural light and a built-in cupboard housing the boiler.<br/><br/>Rear Garden:<br/>An enclosed rear garden offering a good level of privacy, with a patio seating area and steps leading to a raised lawn, providing a versatile outdoor space.<br/><br/>Viewings:<br/>Viewings are by appointment via Leaders Estate Agents. To arrange a viewing or for further information, please contact us in the Loughborough or Quorn office.<br/><br/>The property is currently subject to a managed tenancy agreement and is being sold with tenants in situ. The tenancy has been in place since 25.09.20, producing a gross yield of approximately 6.66% based on the asking price. The minimum initial tenancy term is 12 months. Buyers should note that vacant possession purchasers will be required to provide a minimum of four months’ notice following an agreed sale. Full tenancy and lease information is available from the agent, and all interested parties should make their own enquiries prior to proceeding.