15 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Residential investment
- Guide price: £700,000 £725,000
Location:
The property is located in the city centre off Regent Road and near to both universities and Leicester Royal Infirmary.
Description:
A pair of 4 storey with basement palisaded villas converted to provide 14 bedsits and one studio flat. The properties have a HMO licence and there is potential to convert into self contained flats.
Planning:
Local Authority: Leicester City[use Contact Agent Button].
Tenure
Freehold, subject to existing tenancies.
Energy Performance Certificate:
No 9 - Rating 57, Band D.
No 11 - Rating 55, Band D.
Solicitors
Salusbury Harding & Barlow, 1 Berridge Street, Leicester LE1 5JT
[use Contact Agent Button] ~ Ref: C Gooch
Accommodation BEDSIT ACCOMMODATION SQFT (SQM) APPROX TENANCY RENT £ PA NO. 9: Entrance hall, kitchen, shower room, gas central heating and part double glazingBasementBoiler room, 3 stores, WC1 - G/Fwith kitchenette195 (18.07)6 months from 06.01.20245,4002 - G/Fwith kitchenette148 (13.74)Periodic from 18.09.20195,2203 - G/Fwith kitchen, shower room198 (18.39)Periodic from 18.04.20236,9004 - F/Fwith kitchenette126 (11.69)Periodic from 19.12.20195,3405 - F/Fwith kitchenette228 (21.19)Communal - F/Fshower room35 (3.29)6 - 2/Fwith kitchenette233 (21.64)Periodic from 18.04.20235,2207 - 2/Fwith kitchenette146 (13.52)Periodic from 13.05.20195,160Loft NO. 11: Entrance hall and stairs, gas central heating & part double glazingBasement2 stores, boiler room, 2 WCs8 - G/Fwith kitchenette140 (13.01)Periodic from 13.08.20225,2209 - G/Fwith kitchenette143 (13.26)10 - G/Fwith kitchenette207 (19.22)6 months from 08.01.20246,00011 - F/Fwith kitchenette146 (13.53)6 months from 03.02.20235,10012 - F/Fwith kitchenette262 (24.30)Periodic from 27.07.20125,200Communal - F/Fbathroom, WC, washing area13 - 2/Fwith kitchenette151 (14.03)6 months from 08.01.20235,22014 - 2/Fwith kitchenette240 (22.32)12 months from 12.01.20235,22015 - Basementwith kitchenette133 (12.35)Periodic from 13.12.20125,220LoftOutsideSmall front garden, interconnecting rear gardens with rear accessTenant Contribution for Electric Top-Up Meter5,621.04Current Rental Income76,061.04Less:
Gas & Electric
Council Tax
Water
Internet14,215.92Current Net Rental Income61,845.12 Estimated Net Rental Income 72,405.12
Places of interest
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 4, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
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Energy Performance data and Internal floor area
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