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Wilberforce Road, Leicester

PROPERTY TYPE

Block of Apartments

BEDROOMS

4

BATHROOMS

3

SIZE

789 sq ft

73 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 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

Description

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

Brochures

Wilberforce Road, LeicesterBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Wilberforce Road, Leicester

Approximate location

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Affordability

Monthly repayments£1,630
Property: £ 325,000
Deposit: £ 32,500
Interest rate: 5.33%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Set To Let, Leicester

5 Northampton Street, Leicester, LE1 1PA

Set To Let is an independent Lettings and Property Management agency focusing on the residential sector. We offer flexible, tailor made packages to suit your requirements and aim to make your lettings process stress free and straight forward.

So whether you are a landlord wanting to rent your property or a tenant looking for a home, call our dedicated team to learn more about our comprehensive services.

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Disclaimer - Property reference 34848086. 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 Set To Let, 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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