Property for sale in London Road, Leicester LE2

£1,750,000
Property for sale - 20 bedrooms 20 20 5
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

  • 20 Bed Student Block
  • Revenue £124,500 pa
  • 5 Apartments over 3 Floors
  • 1 x 6 bed / 2 x 4 bed / 2 x 3 bed
  • 5 Lounges & 5 Kitchens
  • 8 Parking Spaces
  • Fully Renovated 2 years ago
  • New Roof 2 years ago
  • Available as Going Concern
  • Investment Opportunity

Property description

Fully occupied superb 20 bed en-suite student block situated within walking distance of Leicester University, Leicester Train Station, the City Centre & an array of everyday amenities can be found locally. This purpose built three storey Student block was newly developed two years ago comprising, five self-contained Apartments that briefly include 20 bedrooms all with en-suites, five kitchens, five lounges & 8 valuable parking spaces. This well appointed living accommodation is fully compliant generating a Rental Income of £124,500PA early viewing is strongly recommended

Property Description

Rental Income: £124,500PA
Yield 6.4%
Excluding Bills (Gas & Electric )
Including Water & Broadband (£80 p/mth)

Property Information

Comprises 5 Apartments: (19 Doubles @ £125 pppwk 1 Single @ £100 pppwk)
Flat 1 Ground Floor - 184 London Road 3 bed all en-suite and communal kitchen / lounge
Flat 2 First Floor - 184 London Road 4 bed all en-suite and communal kitchen / lounge (3 double / 1 single)
Flat 3 First Floor - 184 London Road 4 bed all en-suite and communal kitchen / lounge
Flat 4 Second Floor - 184 London Road 6 bed all en-suite and communal kitchen / lounge
Flat 5 Ground Floor- 186 London Road 3 bed all en-suite and communal kitchen / lounge
Pending : Parking for 6 - 8 cars plus bike store

Accommodation

20 bedrooms & 8 parking spaces
All bedrooms have en-suites
Renovated 2 yrs ago incl New Roof

Other Opportunities

We currently have another 17 Share Student Block and 6 Share hmo Student Let available £poa
Call Barkers for further information:

Viewings

By Appointment Only call Barkers:

Epc Ratings

Flat 1,184 London Road - gff - EPC D
Flat 2,184 London Road - gff - EPC C
Flat 3,184 London Road - fff - EPC D
Flat 4,184 London Road - fff - EPC C
Flat 5,184 London Road - sff - EPC D

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 Remarkss

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

Gf 184 186.Png View original

Nearby transport

  • Leicester (0.5 miles)
  • South Wigston (3.1 miles)
  • Syston (5.0 miles)
  • East Midlands Airport (16.7 miles)
  • Coventry Airport (23.4 miles)
  • Birmingham International Airport (29.1 miles)
  • West Lynn Ferry Landing (63.8 miles)
  • King's Lynn Ferry Landing (63.9 miles)
  • Hull Ferry Terminal (84.9 miles)

Nearby schools

View all schools in Leicester
  • Medway Community Primary School (0.2 miles)
  • Uplands Junior L.E.A.D Academy (0.3 miles)
  • Uplands Infant School (0.3 miles)
  • Moat Community College (0.5 miles)
  • Madani Boys School (0.7 miles)
  • Madani Girls' School (0.7 miles)
  • St Crispin's School (0.3 miles)
  • The Imam Muhammad Adam Institute School (0.6 miles)
  • Leicester International School (0.7 miles)
Note: Distance is shown as a straight line measurement

About the neighbours in LE2

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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