Property for sale in West Walk, Leicester LE1

£1,450,000
17 17 1
Interested in this property? Call +44 116 448 0380 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Superb Student Block
  • Net Revenue £108,000PA
  • 17 Bedrooms
  • 17 En-Suites
  • 3 Kitchens & 1 Communal Lounge
  • 3 Parking Spaces
  • Accommodation Over 3 Floors
  • Hmo LIcense / 7.5% Yield
  • Available as Going Concern
  • Investment Opportunity

Property description

A superb newly developed 17 bed en-suite student block with hmo license situated within walking distance of Leicester University, Leicester Train Station, the City Centre & an array of everyday amenities can be found locally. This newly developed three storey Student block briefly comprises, 17 bedrooms all with en-suites, three kitchens (one per floor), communal lounge & 3 valuable parking spaces. This well appointed living accommodation is fully compliant and generating a net Rental Income of £108,000 pa & Yield 7.5%
early viewing is strongly recommended

Property Description

Net Rental Income: £108,000PA
Yield 7.5%
Bills included (gas, elec, water & broadband) Gross Rental £119,250 P/A

Income

16 rooms @ £140 pppwk
1 Studio @ £155 pppwk
3 Parking spaces £27.77 per week / per space = £1,000 p/a

Property Information

17 Bed hmo (1/12/17) and 3 Parking Spaces

Accommodation

Lgf - Bedrooms: 2 Double & En-suite
gf –Bedrooms: 4 double, 1 Studio, Kitchen All En-suite, Communal Kitchen & Communal Lounge
ff – Bedrooms: 5 double, All En-suite & Kitchen
sf – Bedrooms: 5 double, All En-suite & Kitchen
3 Parking Spaces

Epc Rating D

D Rating 92

Viewings

By Appointment Only Call Barkers :

Free Valuation

Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your own property. Please contact Barkers to arrange a mutually convenient appointment on Tel:

General Remarks

We are unable to confirm whether certain items in the property are in fully working order (i.E. Gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate. Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner. Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.

Money laundering


Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.E. Passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.

Mortgages


Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.

Property info

Fp 5.Png View original

Nearby transport

  • Leicester (0.3 miles)
  • South Wigston (3.2 miles)
  • Syston (5.0 miles)
  • East Midlands Airport (16.5 miles)
  • Coventry Airport (23.3 miles)
  • Birmingham International Airport (28.9 miles)
  • West Lynn Ferry Landing (64.1 miles)
  • King's Lynn Ferry Landing (64.2 miles)
  • Hull Ferry Terminal (84.9 miles)

Nearby schools

View all schools in Leicester
  • Sparkenhoe Community Primary School (0.3 miles)
  • Al-Islamia Institute for Education (0.4 miles)
  • Medway Community Primary School (0.4 miles)
  • Wigston College (3.2 miles)
  • Beauchamp College (3.5 miles)
  • Groby Community College (5.2 miles)
  • Moat Community College (0.4 miles)
  • The Children's Hospital School (SEN) (0.5 miles)
  • St Crispin's School (0.6 miles)
Note: Distance is shown as a straight line measurement

Local info for Leicester

About the neighbours in LE1

Arrange Viewing

For more information about this property, please contact
Barkers - Queens Road, LE2 on +44 116 448 0380 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Barkers - Queens Road, and do not constitute property particulars. Please contact Barkers - Queens Road for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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