£325,000
(£412/sq. ft)
4 bed block of flats for saleWilberforce Road, Leicester LE3
4 beds
3 baths
3 receptions
789 sq. ft
Added on
About this property
Excellent Investment Opportunity
3 X Self Contained Flats
Conversion to a High Standard
Gross Rental of £33,000.00 pa
10% Yield
Call Set To Let Estate Agents
An excellent investment opportunity comprising three self-contained apartments situated within Leicester's popular West End, a well-established residential and student location. The property is within easy walking distance of De Montfort University and benefits from excellent access to Narborough Road's wide range of shops, restaurants, cafes and local amenities.
The property was comprehensively converted in 2015 to maximise its full potential, including the addition of a loft conversion and rear extension, creating three high-quality residential units. The apartments have been finished to a good standard throughout and include features such as double beds, wardrobes, study desks, fitted kitchens, fully tiled bathrooms and washing machines within each apartment.
The property has proven to be an exceptionally strong investment, achieving 100% occupancy since conversion with no void periods. The purchaser will be responsible for ongoing management of the property.
Accommodation
• Ground Floor: Two self-contained studio apartments
• First Floor & Loft: One spacious two-bedroom apartment with both bedrooms benefiting from en suite facilities
Rental Income
The property currently generates gross rental income in the region of £33,000 per annum.
Conversion Date
The conversion works were completed in July 2015.
Call Set To Let Estate Agents to arrange a viewing
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