£2,000,000
(£377.15/sq. ft)
Property for saleRutland Street, Leicester LE1
5,303 sq. ft
Freehold
About this property
Leicester City Centre location
11 one and two bed apartments, together with 3 units
Current income £132,000 pa, which would rise to £157,200 pa when the retail unit and Flat 3 are let
Purchase price: In the region of £2m to show a purchaser a gross yield of 7.86%, when fully let
An imposing three and four-storey property, providing four retail outlets on the ground floor, together with upper floor residential accommodation. The building is constructed in brickwork under a flat roof with uPVC replacement windows throughout.
The retail element all have significant profile onto either Rutland Street or Charles Street, and provide a range of different sized units, some with substantial basement storage / offices.
The upper floors provide a mixture of good quality single and two bedroom apartments, together with bathroom and kitchen facilities. The extent of the accommodation is outlined below.
The retail element all have significant profile onto either Rutland Street or Charles Street, and provide a range of different sized units, some with substantial basement storage / offices.
The upper floors provide a mixture of good quality single and two bedroom apartments, together with bathroom and kitchen facilities. The extent of the accommodation is outlined below.
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Monthly repayment
£10,004 per month
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