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1 Wycliffe Street and 30 Friar Lane, Leicester, Leicestershire LE1 5RA

Lot no: 7 Recently Sold at Auction
 

Guide Price £250,000+ plus fees


Wednesday 18th November 2015

11.30am
Key Features
  • Block of 5 Apartments
  • Rental Income of £22,000 Per Annum
  • Superb City Centre Investment
  • City Centre Location
  • EPC Rating: D,F, F, G
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Recently Sold at Auction

Block of Apartments

Property Description:

A superb opportunity to purchase a freehold block of 5 apartments ans parking space. Currently the apartments are fully let giving a rental income of £22,000 per annum and giving a 9% return.

Located in a popular location within the City Centre and Cathedral Quarter. Close to a wide range of local bars, restaurants and shopping facilities.

Total Current Rental Income £22,000 Per Annum.
Total Potential Rental Income £24,000 Per Annum.

There is scope to increase rents.

Flat 1

Open plan lounge/kitchen, bedroom and bathroom.

Flat 2

Lounge, kitchen, bedroom and bathroom.

Flat 3

Lounge, kitchen, bedroom and bathroom.

Flat 4

Duplex apartment/maisonette including lounge, kitchen, bedroom, bathroom and with features such as exposed brickwork.

Flat 5

Duplex apartment/maisonette including lounge, kitchen, bedroom, bathroom and with features such as exposed brickwork.

Outside

Secure parking space which could be let out for approximately £1000 per annum.

Tenure:

Freehold.