Skip to content
Buy
Property for sale New homes for sale Property valuation Agent valuation Investors Mortgages
Rent
Property to rent Student property to rent
House Prices
Sold house prices Property valuation Agent valuation Instant online valuation
Mortgages
Get started Get a Mortgage in Principle Check your affordability Remortgage Calculator Mortgage guides
Find Agent
Find estate agent
Commercial
Commercial property to rent Commercial property for sale Advertise commercial property
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Mortgage guides Overseas blog Country guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell overseas property
COMMERCIAL

Allied Place, 44 Abbey Street, Leicester, Leicestershire

£1,500,000
Sellmyhome.co.uk, Leicester
PROPERTY TYPE

Residential Development

BEDROOMS

59

BATHROOMS

46

SIZE

Ask agent

ILLUSTRATION PURPOSES ONLY
1

Key features

  • Leicester City Centre
  • Newly Refurbished residential apartment development
  • Whole block investment opportunity
  • 46 self-contained apartments
  • Ideal for institutional investors and portfolio landlords
  • Long-term income and capital growth potential Potential
  • Excellent access to Leicester city centre and transport links
  • Excellent rental investment opportunity
  • Leasehold Purchase

Description

On offer an exceptional opportunity to acquire 46 apartments in a newly refurbished development situated on Abbey Street Leicester. The development offers 15 studio apartments 18 one bedroom apartments 13 two bedroom apartments. The gross rental income is for the development is £368,880 per annum The development is ideal for a landlord adding to their portfolio or institutional investors. To enquire please contact Sell My Home for further details.

Available at £1,500,000 the opportunity generate approximately £401,520 in gross annual rental income.

The development requires remedial works to the cladding, façade and fire stopping.

Leasehold details:
The property is held under a long lease dated 10 June 2014 for a term of 125 years, providing approximately 112 years and 8 months unexpired as at October 2026.

The lease provides for an original annual ground rent of £35,000, subject to five-yearly reviews linked to the Retail Prices Index (RPI).

The lease includes provisions relating to service charges, buildings insurance, repairs, permitted uses and assignment, together with a contractual option to renew, subject to the relevant conditions.

Further leasehold documentation and financial particulars are available to genuinely interested parties upon request.

Allied Place, 44 Abbey Street, Leicester, Leicestershire

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.6 miles
  • South Wigston Station4.0 miles
  • Syston Station4.3 miles

About Sellmyhome.co.uk, Leicester

61 Abbey Street, Leicester, LE1 3TE

SellMyHome is one of UK's leading agents, streamlining the way people buy, sell, and invest in property. We offer a comprehensive suite of property services combined with leading technology and in-depth market knowledge tailored to meet the diverse needs of all clients.

Our mission is to simplify the property buying and selling process, making it more efficient, cost-saving, and rewarding for everyone involved. Our expert team of agents strive to empower our clients with the market insights and resources they need to make the right decisions, ensuring a seamless and positive experience from start to finish.

Whether you're selling your family home, searching for your dream property, or seeking to expand your investment portfolio, SellMyHome can help you every step of the way.

Why Choose SellMyHome?

For Sellers:

- Maximized property marketing on all major portals and websites to attract the right buyers.

- Professional photography and staging services to showcase your property at its best.

- Transparent and competitive pricing with no hidden fees.

- Dedicated expert support progressing your sale from start to completion.

For Buyers:

- A diverse portfolio of properties to fit all preferences and budgets.

- Expert guidance through the complexities of the buying process.

- Access to mortgage and financial services to streamline the purchase.

For Investors:

- Strategic insights to identify high potential investment opportunities.

- End-to-end investment management, from acquisition to disposal.

- Regular updates and reports on property performance and market conditions.

Book Your Free Property Valuation!

Unlock the true value of your property with our complimentary, no-obligation valuation service. Whether you're considering selling now or in the future, understanding your property's worth is the first step to making informed decisions. At SellMyHome, our expert valuers combine local market knowledge with current real estate trends to provide you with an accurate and fair valuation for your property.

- Expertise: Receive an accurate valuation from our experienced and knowledgeable team.

- No Obligation: Our service is completely free, with no obligation to sell with us.

- Convenience: Choose a time that suits you, and we'll do the rest.

- Informed Decisions: Gain valuable insights into the current market and how your property stands.

Don't just wonder what your property is worth, find out today with SellMyHome. Contact us to book your free property valuation and take the first step towards unlocking your property's potential!

Notes

These notes are private, only you can see them.

Disclaimer - Property reference DGN-30286249. 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 Sellmyhome.co.uk, 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.

Email agent

Call agent

Email agent