49 Lower Brown Street, Leicester, Leicestershire

£2,700,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • 9 x Cluster flats (46 bed spaces)
  • 5 x 4-beds, 2 x 6-beds and 2 x 7-beds
  • Central location, ideal for professionals and students
  • Price: £2.7m (reflecting an attractive gross yield of 10.56%)
  • Rental income: £285,077 per annum

Description

The property comprises a former textile factory which was converted to provide residential accommodation over five floors of traditional brick construction beneath pitched and flat roof forms. The front elevation comprises powder coated aluminium framed double glazing together with an individual access entrance door and a large orange gate to the side providing access for the refuse storage.

Internally, the property has been finished to a high specification to provide accommodation on lower ground, upper ground, first, second and third floors with a total number of forty-six bed spaces in nine cluster flats. Each of the four bed flats comprise a shower room and separate WC, whilst the six and seven bed flats have the benefit of two shower rooms. Each bedspace is well proportioned and benefits from fitted blinds, carpeted floors, central heating, a fitted desk with chair, fitted shelving and furniture pack.

Externally, to the rear is a detached building which provides a laundry room that is timber clad beneath a flat roof and houses three washing machines and three dryers. The building also provides a covered area which provides an outdoor dining area whilst there are two rear yards for providing outdoors seating.

On-site facilities include:
- Intercom system
- Cycle store
- External refuse store
- Furnished accommodation
- CCTV system
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

49 Lower Brown Street, Leicester, Leicestershire

NEAREST STATIONS

National Rail

Leicester Station

0.45 miles

National Rail

South Wigston Station

3.31 miles

National Rail

Syston Station

4.93 miles

About Innes England Ltd, Leicester

Innes England Ltd, Leicester

Leicester Office

Innes England works with clients across the UK, with a special focus on the East Midlands. As the most active agent in the East Midlands for ten consecutive years*, this means we put more of our energy into driving results for our clients than any other agent in the region.

We are the only commercial property consultancy to have offices in Derby, Leicester and Nottingham, giving us an unrivalled local knowledge which allows us to offer relevant, tailored and well-informed advice to our clients.

Our extensive team provides expertise spanning the entire commercial property spectrum with surveyors, retail specialists and property asset management professionals backed up by a highly capable support team. Our shareholding directors take a hands-on approach, working in the business on a day-to-day basis and offering their experience and know-how to clients' projects.

We have a proven track record of delivering real results, and have worked with an enviable client list on countless successful projects, always with a focus on finding a commercial, viable solution, reducing risk and maximising value.

Innes England offers services in:

Acquisitions, disposals and lettings

Land sales and commercial development

Property asset management

Investment services

Business rates, lease consultancy and valuation

Building consultancy

Energy consultancy and Energy Performance Certificates (EPCs)

Derby Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Derby-88900.html

Nottingham Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Nottingham-89794.html

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Disclaimer - Property reference 9006FH. 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 Innes England Ltd, 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.