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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Property descriptions and related information displayed on this page are marketing materials provided by - Aspire Group. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Aspire Group for full details and further information.