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£2,000,000

(£377.15/sq. ft)

Property for sale
Rutland Street, Leicester LE1

    • 5,303 sq. ft

Freehold
Added on 26/02/2025

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.

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