Property photos
Freehold
£1,450,000
Block of flats for sale
London Road, Leicester LE2Key Information
Local area information
Property location
Nearby amenities
- Sparkenhoe Community Primary School 0.2 miles
- Leicester 0.2 miles
- Al-Islamia Institute for Education 0.3 miles
- South Wigston 3.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Leicester to find out more about the local area.
Features and description
- Freehold
- Off street parking
- Prime Location
- Corner Unit, facing London Road and De Montfort Street
- Close to train station
- Conversion of upper floors into en-suite student accomodation.
The property consists of a four storey building, with a ground floor commercial unit with a current usage classification of :
A1 Shops - Shops, retail warehouses, hairdressers, undertakers, travel and ticket agencies, post offices, pet shops, sandwich bars, showrooms, domestic hire shops, dry cleaners, funeral directors and internet cafes.
And
B1 Business - Offices (other than those that fall within A2), research and development of products and processes, light industry appropriate in a residential area.
The building occupies a corner plot, with a double frontage looking onto London Road and De Montfort Street. The ground floor unit is currently an Insurance brokerage firm, and is also advertised for rental (£16,000pa).
The building sits in close proximity to the University of Leicester, the train station, local businesses and the city centre. The upper floors have been recently renovated into 3 student focused apartments, which are pre let for the 2018/19 academic year.
Student Income of £68,200 pa.
Commercial unit income - £16,000 pa
Combined gross of - £84,000 pa
Gross Yield - 6.7%
A1 Shops - Shops, retail warehouses, hairdressers, undertakers, travel and ticket agencies, post offices, pet shops, sandwich bars, showrooms, domestic hire shops, dry cleaners, funeral directors and internet cafes.
And
B1 Business - Offices (other than those that fall within A2), research and development of products and processes, light industry appropriate in a residential area.
The building occupies a corner plot, with a double frontage looking onto London Road and De Montfort Street. The ground floor unit is currently an Insurance brokerage firm, and is also advertised for rental (£16,000pa).
The building sits in close proximity to the University of Leicester, the train station, local businesses and the city centre. The upper floors have been recently renovated into 3 student focused apartments, which are pre let for the 2018/19 academic year.
Student Income of £68,200 pa.
Commercial unit income - £16,000 pa
Combined gross of - £84,000 pa
Gross Yield - 6.7%
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Aspire Group
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