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Investment

Investment For Sale Leicester

PROPERTY ID: 133578

PROPERTY TYPE

Investment

STATUS

Available

SIZE

16,989 sq.ft

Key Features

The property is fully let for 2024/2025 AY
Close proximity to the Main University of Leicester campus
Producing a Gross Rental Income of £560,277 per annum
Price: £4,750,000 which reflects a gross yield of 11.80%

Property Details

The Property Comprises An Attractive Part Three Storey, Part Four Storey Student Accommodation Block, Made Up Of A New Build And Part Conversion, Re-developed During 2012. The Accommodation Provides 55 Self-contained Flats (70 Beds) Arranged As:- - 47 X Studio Flats - 2 X Two Bed Flats - 5 X Three Bed Flats - 1 X Four Bed Flat The Accommodation Is Finished To A High Standard With The Spacious Studios Being Appointed With An Ensuite Shower Room, 3/4 Bed, Desk, Sofa, Tv And Built In Wardrobes Together With A Kitchenette With Oven, Electric Hob, Microwave, Dishwasher, Fridge Freezer And Washing Machine/dryer. The Shared Flats Offer Spacious Rooms And Are Equipped To A Similar Standard As The Studios, However These Flats Share A Large Open Plan Kitchen And Living Area. The Property Has A Car Park With 14 Marked Out Spaces Which Is Accessed Via An Electronic Gated Entrance Situated Off Knighton Fields Road East. Within The Car Park Area There Is Also A Cycle Shed And Bin Storage Area. The Scheme Is Currently Operated By Project Student Who Undertake The Lettings And Management Of The Property.

About the Agent

Investment Unit

£4,750,000 Freehold

Hops House,1 Burns Street, Leicester, LE2 6DJ
Investment - Available
16,989 sq ft
1,578 sqm
Show phone number

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