Albion Street
City Centre, Leicester, LE1

£1,750,000 Offers Over
2897
Call Us 0116 270 9394

Features

  • BLOCK OF SEVEN FLATS
  • STUDENT ACCOMMODATION
  • 28 Letting Bedrooms
  • Rental Potential £141,000 PA / Yield 8%
  • 2 Flats Requiring HMO License
  • Centrally Located for Universities
  • EH, DG, EPC D - F, C/Tax A & B, Freehold
  • Long Term Development Potential
  • IDEAL INVESTMENT OPPORTUNITY
  • AVAILABLE WITH NO UPWARD CHAIN

Description

Tenure: Freehold

A RARE OPPORTUNITY TO ACQUIRE A FREEHOLD BLOCK OF SEVEN STUDENT FLATS WITH DEVELOPMENT POTENTIAL (STAPP) superbly situated in a prime City Centre location, within easy walking distance of The University of Leicester, De Montfort University, Leicester Train Station, the City Centre & an array of everyday amenities can be found on the doorstep. This MODERN STUDENT ACCOMMODATION has TWENTY EIGHT LETTING ROOMS OVER FOUR FLOORS & OFFERS A RENTAL POTENTIAL OF £141,000 PA whilst briefly comprising SEVEN SELF CONTAINED FLATS, 2 x 3 beds, 3 x 4 beds and 2 x 5 beds (with HMO's) Early Viewing is Highly Recommended to appreciate this SUPERB BUY TO LET STUDENT INVESTMENT

DEVELOPMENT OPPORTUNITY

Each Flat offers long term DEVELOPMENT POTENTIAL to convert into clusters of individual self contained STUDIO FLATS (STAPP):

BASEMENT - FLAT 1 - 4 BED

100sqm, EPC E, Council Tax Band B
Entrance hallway, large communal lounge, separate fitted kitchen, four mezzanine bedrooms, one shower room & one wc

GROUND FLOOR - FLAT 2 - 5 BED

111sqm, EPC F, Council Tax Band B
Entrance hallway, large communal lounge, separate fitted kitchen/diner, five bedrooms, one shower room & one wc

FIRST FLOOR - FLAT 3 - 3 BED

71sqm, EPC E, Council Tax Band B
Entrance hallway, communal lounge, fitted kitchen/diner, three bedrooms with ensuite shower rooms

FIRST FLOOR - FLAT 4 - 4 BED

89sqm, EPC D, Council Tax Band A
Entrance hallway, large communal lounge & fitted kitchen/diner, four bedrooms, one shower room & one wc

SECOND FLOOR - FLAT 5 - 3 BED

71sqm, EPC E, Council Tax Band B
Entrance hallway, communal lounge, fitted kitchen/diner, three bedrooms, shower room, wc

SECOND FLOOR - FLAT 6 - 4 BED

89sqm, EPC E, Council Tax Band A
Entrance hallway, large communal lounge & fitted kitchen/diner, four bedrooms, one shower room & one wc

THIRD FLOOR - FLAT 7 - 5 BED

134sqm, EPC D, Council Tax Band B
Entrance hallway, large communal lounge, separate fitted kitchen/diner, five bedrooms, two shower rooms & one wc

PROPERTY INFORMATION

All flats have valid Electrical Certificates

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: 0116 270 9394

GENERAL REMARKS

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.
VIEWING TIMES
Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business:
Monday to Friday 9am -5.30pm,
Saturday 9am - 4pm

Documents

EE Rating
Download
Brochure
Download

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