No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Ground floor   flat 2   5 bed

28 bedroom block of apartments

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Block of apartments
28 bed
9 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • BLOCK OF SEVEN FLATS
  • STUDENT ACCOMMODATION
  • 28 Letting Bedrooms
  • Rental Potential £141,000 PA / Yield 8%
  • 2 Flats Requiring HMO License
  • Centrally Located for Universities
  • EH, DG, EPC D - F, C/Tax A & B, Freehold
  • Long Term Development Potential
  • IDEAL INVESTMENT OPPORTUNITY
  • AVAILABLE WITH NO UPWARD CHAIN
A RARE OPPORTUNITY TO ACQUIRE A FREEHOLD BLOCK OF SEVEN STUDENT FLATS WITH DEVELOPMENT POTENTIAL (STAPP) superbly situated in a prime City Centre location, within easy walking distance of The University of Leicester, De Montfort University, Leicester Train Station, the City Centre & an array of everyday amenities can be found on the doorstep. This MODERN STUDENT ACCOMMODATION has TWENTY EIGHT LETTING ROOMS OVER FOUR FLOORS & OFFERS A RENTAL POTENTIAL OF £141,000 PA whilst briefly comprising SEVEN SELF CONTAINED FLATS, 2 x 3 beds, 3 x 4 beds and 2 x 5 beds (with HMO's) Early Viewing is Highly Recommended to appreciate this SUPERB BUY TO LET STUDENT INVESTMENT

Development Opportunity - Each Flat offers long term DEVELOPMENT POTENTIAL to convert into clusters of individual self contained STUDIO FLATS (STAPP):

Basement - Flat 1 - 4 Bed - 100sqm, EPC E, Council Tax Band B
Entrance hallway, large communal lounge, separate fitted kitchen, four mezzanine bedrooms, one shower room & one wc

Ground Floor - Flat 2 - 5 Bed - 111sqm, EPC F, Council Tax Band B
Entrance hallway, large communal lounge, separate fitted kitchen/diner, five bedrooms, one shower room & one wc

First Floor - Flat 3 - 3 Bed - 71sqm, EPC E, Council Tax Band B
Entrance hallway, communal lounge, fitted kitchen/diner, three bedrooms with ensuite shower rooms

First Floor - Flat 4 - 4 Bed - 89sqm, EPC D, Council Tax Band A
Entrance hallway, large communal lounge & fitted kitchen/diner, four bedrooms, one shower room & one wc

Second Floor - Flat 5 - 3 Bed - 71sqm, EPC E, Council Tax Band B
Entrance hallway, communal lounge, fitted kitchen/diner, three bedrooms, shower room, wc

Second Floor - Flat 6 - 4 Bed - 89sqm, EPC E, Council Tax Band A
Entrance hallway, large communal lounge & fitted kitchen/diner, four bedrooms, one shower room & one wc

Third Floor - Flat 7 - 5 Bed - 134sqm, EPC D, Council Tax Band B
Entrance hallway, large communal lounge, separate fitted kitchen/diner, five bedrooms, two shower rooms & one wc

Property Information - All flats have valid Electrical Certificates

Free Valuation - Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your own property. Please contact Barkers to arrange a mutually convenient appointment on [use Contact Agent Button]

General Remarks - We are unable to confirm whether certain items in the property are in fully working order (i.e. gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate. Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner. Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
MONEY LAUNDERING
Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.
MORTGAGES
Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
VIEWING TIMES
Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business:
Monday to Friday 9am -5.30pm,
Saturday 9am - 4pm

Property information from this agent

Places of interest

    Acquired in 2006 by the Nicholas Humphreys group Barkers Estate Agents have been trading from the Queens Road offices since 1985. Specialising in Clarendon Park, Stoneygate and Knighton areas we have expanded to cover the whole of the South of Leicester. Our reputation has been built on a quality service achieved by hardwork and professionalism by an experienced staff with a wealth of knowledge, who are dedicated to helping their clients meet their needs. Offering sales, lettings (professional and student) and investment advice we offer a “One Stop Shop”. Barkers are proud that over the years we have helped many clients with their property requirements as they journey through life.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.