17 bedroom flat for sale

London Road, Leicester, Leicestershire, LE2 1EG

Offers Over £1,100,000

Property Description

Key features

  • Brand New Development
  • Student Accommodation
  • 7 Studios
  • 10 En-Suite Bedrooms
  • Communal Lounge
  • Open Plan Kitchen
  • Rental Income 98,880
  • E.P.C. Rating A

Full description

SUPERB STUDENT INVESTMENT OPPORTUNITY - FULLY LET FOR 2016/2017 - A NEW PURPOSE BUILT 17 BED STUDENT DEVELOPMENT WITH HMO LICENCE situated within walking distance of Leicester University, Leicester Train Station, the City Centre & an array of everyday amenities can be found locally. ThIs purpose built development provides student accommodation over three floors and briefly comprises 7 self contained Studios with en-suite shower/wc, 10 en-suite bedrooms and a large communal Lounge with open plan fitted Kitchen. Offering a Rental of £98,880 per annum. EARLY VIEWING HIGHLY RECOMMENDED (The ground floor retail section does not form part of the sale). EPC Provisional Rating D. STUDENT WAITING LIST FOR 2017/2018

GROUND FLOOR


Entrance area with lift and stairs to all floor:


FIRST FLOOR STUDIOS


10 Studio flats each with open plan bedroom / lounge / kitchen & en-suite shower/wc:


SECOND FLOOR


4 En-suite Bedrooms, Large Communal Lounge / Fitted kitchen:


COMMUNAL KITCHEN


COMMUNAL LIVING AREA


THIRD FLOOR BEDROOMS


6 En-suite Bedrooms:


EN-SUITE SHOWER ROOM


FLOORPLAN - GROUND FLOOR


FLOORPLAN - FIRST FLOOR


FLOORPLAN - SECOND FLOOR


FLOORPLAN - THIRD FLOOR


TENURE - LEASE DETAILS


Long Lease: 999 years from May 2015
Ground Rent: £50 p/a
Service Charge & Insurance: TBC
(The ground floor retail section does not form part of the sale).


UNIVERSITIES


Leicester University: 0.25miles
De Montfort University: 2.0 miles


ESTIMATED RENTAL VALUE


The accommodation is currently let for 2016/17 academic year as follows:
Studios £130 pppwk (inclusive of bills)
En-suite bedrooms £115 pppwk (inclusive of bills)
Based on 48 week let, would produce a gross rent of £98,880 p/a
Provisional Rating D


FIXTURES & FITTINGS


Upvc double glazing throughout, automated lighting, fitted wardrobes / desks, ceramic tiled en-suite shower rooms with wc, individually timed heating controls and fully furnished, including Queen size beds:


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


Listing History

Added on Rightmove:
16 April 2016

Nearest stations

  • Leicester (0.4 mi)
  • South Wigston (3.1 mi)
  • Syston (4.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Barkers, Leicester

79 Queens Road Leicester LE2 1TT

0116 452 0064 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

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Floorplan 1

Floorplan 1

Floorplan 2

Floorplan 2

Floorplan 3

Floorplan 3

To view this property or request more details, contact:

Barkers, Leicester

79 Queens Road Leicester LE2 1TT

0116 452 0064 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leicester (0.4 mi)
  • South Wigston (3.1 mi)
  • Syston (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Barkers, Leicester

79 Queens Road Leicester LE2 1TT

0116 452 0064 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 30670. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barkers, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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