Key Information
- Gross rental income £45,500 per annum
- Fully let investment
- Popular central location
- Price on application
- Price on application.
A two storey Victorian building of traditional masonry construction beneath a pitched slate roof. The front elevation comprises a sealed double-glazed windows in timber sash designed frames with ornate stone surrounds. Internally, the property has been laid out to provide a 7-bed house of multiple occupation and comprises a living kitchen and two bedrooms on the ground floor, and five bedrooms and two shower rooms on the first floor. Externally, the property has the benefit of a secure driveway which provides car parking for two vehicles. Accommodation:- Ground floor: Living / Kitchen Two bedrooms First floor: Five bedrooms Two Shower rooms
Location
Leicester is one of the UK's most diverse and dynamic cities, with a resident population of approximately 324,000 according to the 2021 Census. The city is home to two highly regarded universities, the University of Leicester and De Montfort University, which together support a student population of around 50,000. The property occupies a prominent corner position at the junction of Highfield Street and Severn Street in Leicester, just off the main A6 London Road. This strategic location provides excellent access to the south of the city, while also offering direct links to Leicester City Centre and the city's inner ring road. Benefiting from outstanding connectivity, the surrounding area is well served by a wide range of amenities along London Road and within the city centre, both of which are within easy reach. The property is also situated close to the University of Leicester and Leicester Railway Station, making it particularly attractive to occupiers. The strong transport links, nearby amenities and proximity to key institutions contributes to consistent demand and sustained occupancy levels year after year.
VAT
The property has not been elected for VAT and is therefore not payable on the purchase price.
Services
We understand all mains services are connected to the property.
EPC
EPC available upon request.
Legal Costs
Each party is to bear their own legal costs incurred.
Planning
We understand that the property has authorised use from the Local Planning Authority under Use Class C3 Dwelling House Use of the Town and Country Planning (Use Classes) (Amendments) (England) Regulations 2020.
Viewing
Viewings are by appointment with sole agents Innes England