12 bedroom flat for sale

Oak Street, Leicester, LE5

Offers in Region of £695,000

Property Description

Key features

  • LUXURY APARTMENTS
  • PROFESSIONAL TENANTS ALREADY PLACED
  • FULL OCCUPANCY LEVEL
  • NO UPWARD CHAIN
  • INVESTMENT OPPORTUNITY
  • CIRCA £47,400 YEARLY INCOME
  • NHBC WARRANTY COVER STILL VALID
  • CENTRAL LOCATION

Full description

Tenure: Freehold

Oadby Estates has great pleasure in offering the market this apartment block consisting of 8, 1 and 2 bedroom luxury flats. This consists of 4, 1 Bedroom flats and 4, 2 Bedroom flats. One parking space is offered with each apartment, which can be accessed through a private drive. Each flat comes with a fully fitted kitchen and bathroom and the majority of flats have had newly fitted boilers within the last 6 months. The location of these apartments is popular, as there are convenient access routes to the city centre and Leicester's mainline railway station. Local amenities are situated locally, as well as health care facilities. Historically occupancy levels have been above 95% and currently all flats are let on AST agreements. This block of flats is a great investment opportunity with a yearly return of circa £47,400 with upward rent reviews due. Viewing would be essential in order to appreciate the quality of the development.


Flat 1 (Ground Floor) : Currently tenanted with rental income of Rent: £575 per month
Lounge / Dining Room, Entrance Hall, 2 Double Bedrooms & 1 Family Bathroom


Flat 2 (Ground Floor) : Currently tenanted with rental income of Rent: £375 per month
Lounge / Dining Room, Entrance Hall, 1 Double Bedrooms & 1 Family Bathroom


Flat 3 (Ground Floor) : Currently tenanted with rental income of Rent: £415 per month
Lounge / Dining Room, Entrance Hall, 1 Double Bedrooms & 1 Family Bathroom


Flat 4 (First Floor) : Currently tenanted with rental income of Rent: £475 per month
Lounge / Dining Room, Entrance Hall, 1 Double Bedrooms & 1 Family Bathroom


Flat 5 (First Floor) : Currently tenanted with rental income of Rent: £495 per month
Lounge / Dining Room, Entrance Hall, 1 Double Bedrooms & 1 Family Bathroom


Flat 6 (First Floor) : Currently tenanted with rental income of Rent: £550 per month
Lounge / Dining Room, Entrance Hall, 2 Double Bedrooms & 1 Family Bathroom


Flat 7 (Second Floor) : Currently tenanted with rental income of Rent: £550 per month
Lounge / Dining Room, Entrance Hall, 2 Double Bedrooms & 1 Family Bathroom


Flat 8 (Second Floor) : Currently tenanted with rental income of Rent: £515 per month
Lounge / Dining Room, Entrance Hall, 2 Double Bedrooms & 1 Family Bathroom


Private Car Park (Rear) : 8 Car Parking Spots

Communal Hallway : Carpeted throughout, painted walls in communal area, alarm system, meter cupboard & individual post boxes


Listing History

Added on Rightmove:
06 March 2015

Nearest stations

  • Leicester (0.9 mi)
  • Syston (3.8 mi)
  • South Wigston (4.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Oadby Estate Agents Ltd, Oadby

5 Stoughton Road, Oadby, Leicester, LE2 4DS

0116 452 0144 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 (0.9 mi)
  • Syston (3.8 mi)
  • South Wigston (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oadby Estate Agents Ltd, Oadby

5 Stoughton Road, Oadby, Leicester, LE2 4DS

0116 452 0144 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 OADBY_001578. 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 Oadby Estate Agents Ltd, Oadby. 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.

Map data OpenStreetMap contributors.