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AGENT'S DETAILS


Fully Let Student Investment - Current Income £75,000 pa

For sale: £1,000,000.00|3819 Sq Ft|Flat, Other, House, Residential, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£1,000,000.00
SIZE3819 Sq Ft
ADDRESSThe Hive, 51a, 51b, & 51c Ridley Street, Leicester
TYPEFlat, Other, House, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON27th May 2020

DESCRIPTION

The property is located some one mile south west of Leicester city centre in an established and popular student area known as the “West End”.

The property is within a 10-minute walk of the main De Montfort University campus and there is also easy access to the City’s
retail core, the railway and bus stations and main road networks.

The property comprises three modern three-storey terraced houses providing 12 student lettings currently produce a gross income of £75,000 pa, based on a 48-week letting year. This equates to £130 per room per week.


LOCATION

Location: The Hive, 51a, 51b, & 51c Ridley Street, Leicester

Leicester (1.1 miles)

South Wigston (3.2 miles)

Narborough (4.5 miles)

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