fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

61 Moat Street, Wigston, Leicester, LE18 2GE

Lot no: 117 Withdrawn Post
 

Guide Price £295,000+ plus fees


Tuesday 14th June 2016

11.30am
Key Features
  • 4 Studio Flats
  • Planning for 3 More Flats to the Rear
  • Current Rental Income of £23,760 per annum
  • Car Park to Rear
  • EPC Rating: C
Add to favourites
Withdrawn Post

Block of Apartments

Property Description:

A handsome looking Victorian property which is converted into 4 self-contained, luxury studio flats.
The flats are finished to a very high standard throughout offering high spec kitchen and bathrooms. All flats are let out at £495 PCM.

The property also has planning permission granted to provide 3 more apartments with a side and rear extension. More information and drawings are available at www.oadby-wigston.gov.uk Planning Ref 15/00071/FUL

There is also a large car perk to the rear providing parking for each flat.

Current rental income £23,760 per annum. (8.5% return)
Proposed rental income after extension works £41,580.

The property is located close to Wigston Town Centre which provides a wide range of amenities including bars, restaurants and a comprehensive range of shops. The motorway network is also easily accessible.

Tenure:

Freehold. Subject to tenancy.