About the property

86 Leicester Road is a most impressive period end terrace property boasting circa 3500 sq ft of internal accommodation. It is currently apportioned into three spacious apartments and is fully tenanted. There is planning granted for the subdivision of the largest flat into two, offering a potential return of circa �35,000 PA should the work plus general updating of the building be carried out. There is also a precedent set in the row for HMO/bedsit use for these properties, which would give a potential net return of up to �50,000 PA dependent on the level and quality of works completed by the new owner. Read more

Property at a glance

  • Exceptional long term investment
  • 3500 sq ft of internal accommodation
  • Three fully tenanted spacious apartments
  • Planning granted for the subdivision of flat 1 into two
  • Precedent set in the row for HMO/bedsit use
  • In our opinion potential yield in excess of 10% PA

Contact agent

Alexanders

The Gate House Churchgate

Loughborough

LE11 1UE

United Kingdom

Tel: 01509 861 222

lbrsales@alexanders-estates.com

 

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Alexanders Property Services Ltd trading as Alexanders. Tel: 01509861222
Registered in England: 08476446. Registered Office c/o The Point, Granite Way, Mountsorrel, Loughborough, Leicestershire, LE12 7TZ.
VAT Number: 171925008
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