Property Description

A freehold block of 9 apartments in sought after location. A superb investment opportunity situated in one of Leicesters most desirable suburbs. A period building which is converted into 9 self-contained apartments. The block is fully let with a combined income of £67,140 per annum and offering a return of around 8.5% against the guide price. Situated within easy reach of the bars, restaurants and shops of Queens Road along with Victoria Park and Leicester University. The block has a superb letting history with near 100% occupancy.

Flat One:

One bed studio apartment. Let at £505 per calendar month.

Flat Two:

One bed studio apartment. Let at £535 per calendar month.

Flat Three:

Large one bed flat. Let at £500 per calendar month.

Flat Four:

One bed flat. Let at £560 per calendar month.

Flat Five:

Three bed, two bath student let. Let at £1080 pcm.

Flat Six:

Two bed flat, with rooftop courtyard. Let at £725 pcm.

Flat Seven:

One bed flat. Let at £595 pcm.

Flat Eight:

One bed maisonette. Let at £595 pcm.

Flat Nine:

One bed flat. Let at £500 pcm.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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