£850,000
(£8,500.00/sq. ft)
Block of flats for saleChapel Street, Oadby, Leicester LE2
100 sq. ft
About this property
Premium investment opportunity - oadby town centre
Property Overview
This contemporary, high-specification residential development comprises six beautifully converted self-contained units strategically positioned on the prestigious corner of Chapel Street, directly facing The Parade - Oadby's bustling main shopping thoroughfare. The impressive portfolio includes two spacious two-bedroom town houses and four modern apartments, all complemented by dedicated parking facilities and thoughtfully designed communal areas.
Investment Highlights - Exceptional Freehold Investment Opportunity
Located in the vibrant heart of Oadby, this premium development represents a rare opportunity to acquire a fully operational residential portfolio generating substantial rental income from day one. The property combines modern living standards with prime commercial positioning, offering investors both immediate returns and long-term - - capital growth potential.
Key Financial Benefits:
• Fully tenanted portfolio with assured shorthold tenancies in place
• Gross annual rental income of £66,000 (£5,500 per calendar month)
• Attractive yield of approximately 8.5% at current guide price
• Immediate income stream with no void periods
Quality Assurance:
• Recently completed to contemporary standards
• Comprehensive 10-year build guarantee providing investor confidence
• Energy-efficient design with modern specifications throughout
Prime Location Advantages:
• Central Oadby position with unparalleled convenience
• Complete range of local amenities within 60 seconds' walk
• Excellent transport links and connectivity
• High tenant demand area ensuring strong rental market
Individual Unit Specifications
Units 1 & 2 - Two-Bedroom Town Houses Each town house offers spacious family accommodation comprising:
• Open-plan lounge area
• Modern kitchen/dining space
• Two well-proportioned bedrooms
• Contemporary bathroom suite
Unit 3 - One-Bedroom Duplex Apartment A unique split-level apartment featuring:
• Welcoming entrance hall
• Spacious lounge area
• Modern kitchen/dining space
• Double bedroom
• Contemporary shower room
Units 4 & 5 - One-Bedroom Apartments Two efficiently designed apartments, each offering:
• Open-plan lounge/kitchen area
• Comfortable bedroom
• Modern shower room
Unit 6 - Studio Apartment A stylish studio apartment featuring:
• Integrated lounge/kitchen/sleeping area
• Contemporary shower room
External Features & Amenities - The development benefits from extensive outdoor facilities designed to enhance resident satisfaction and property appeal:
Communal Areas:
• Attractively landscaped courtyard garden providing peaceful outdoor space
• Secure bicycle storage facilities
• Dedicated bin storage areas maintaining aesthetic appeal
Parking Provision:
• Six allocated parking spaces serving the development
• Convenient driveway access
• Essential urban amenity adding significant value
Council Tax & Utilities - Council Tax Efficiency: The development benefits from favourable Council Tax banding:
• Units 1,2,3, & 6: Band A (lowest residential rate)
• Units 4 & 5: Band B
• Attractive proposition for cost-conscious tenants
Modern Utility Infrastructure:
• Heating System: Electric heating throughout with energy-efficient double glazing
• Electrical Supply: Mains electricity connection
• Water Services: Mains water supply and sewerage connections
• Internet Ready: Full connectivity potential for modern living requirements
Investment Summary
This exceptional property represents a turnkey investment opportunity combining:
• Proven rental income with established tenancies
• Prime location ensuring continued demand
• Quality construction with comprehensive guarantees
• Efficient management potential with single-site portfolio
• Strong growth prospects in desirable Oadby location
The development offers the perfect balance of immediate income generation and long-term capital appreciation, making it ideal for both experienced property investors and those seeking to establish a premium rental portfolio.
Property Overview
This contemporary, high-specification residential development comprises six beautifully converted self-contained units strategically positioned on the prestigious corner of Chapel Street, directly facing The Parade - Oadby's bustling main shopping thoroughfare. The impressive portfolio includes two spacious two-bedroom town houses and four modern apartments, all complemented by dedicated parking facilities and thoughtfully designed communal areas.
Investment Highlights - Exceptional Freehold Investment Opportunity
Located in the vibrant heart of Oadby, this premium development represents a rare opportunity to acquire a fully operational residential portfolio generating substantial rental income from day one. The property combines modern living standards with prime commercial positioning, offering investors both immediate returns and long-term - - capital growth potential.
Key Financial Benefits:
• Fully tenanted portfolio with assured shorthold tenancies in place
• Gross annual rental income of £66,000 (£5,500 per calendar month)
• Attractive yield of approximately 8.5% at current guide price
• Immediate income stream with no void periods
Quality Assurance:
• Recently completed to contemporary standards
• Comprehensive 10-year build guarantee providing investor confidence
• Energy-efficient design with modern specifications throughout
Prime Location Advantages:
• Central Oadby position with unparalleled convenience
• Complete range of local amenities within 60 seconds' walk
• Excellent transport links and connectivity
• High tenant demand area ensuring strong rental market
Individual Unit Specifications
Units 1 & 2 - Two-Bedroom Town Houses Each town house offers spacious family accommodation comprising:
• Open-plan lounge area
• Modern kitchen/dining space
• Two well-proportioned bedrooms
• Contemporary bathroom suite
Unit 3 - One-Bedroom Duplex Apartment A unique split-level apartment featuring:
• Welcoming entrance hall
• Spacious lounge area
• Modern kitchen/dining space
• Double bedroom
• Contemporary shower room
Units 4 & 5 - One-Bedroom Apartments Two efficiently designed apartments, each offering:
• Open-plan lounge/kitchen area
• Comfortable bedroom
• Modern shower room
Unit 6 - Studio Apartment A stylish studio apartment featuring:
• Integrated lounge/kitchen/sleeping area
• Contemporary shower room
External Features & Amenities - The development benefits from extensive outdoor facilities designed to enhance resident satisfaction and property appeal:
Communal Areas:
• Attractively landscaped courtyard garden providing peaceful outdoor space
• Secure bicycle storage facilities
• Dedicated bin storage areas maintaining aesthetic appeal
Parking Provision:
• Six allocated parking spaces serving the development
• Convenient driveway access
• Essential urban amenity adding significant value
Council Tax & Utilities - Council Tax Efficiency: The development benefits from favourable Council Tax banding:
• Units 1,2,3, & 6: Band A (lowest residential rate)
• Units 4 & 5: Band B
• Attractive proposition for cost-conscious tenants
Modern Utility Infrastructure:
• Heating System: Electric heating throughout with energy-efficient double glazing
• Electrical Supply: Mains electricity connection
• Water Services: Mains water supply and sewerage connections
• Internet Ready: Full connectivity potential for modern living requirements
Investment Summary
This exceptional property represents a turnkey investment opportunity combining:
• Proven rental income with established tenancies
• Prime location ensuring continued demand
• Quality construction with comprehensive guarantees
• Efficient management potential with single-site portfolio
• Strong growth prospects in desirable Oadby location
The development offers the perfect balance of immediate income generation and long-term capital appreciation, making it ideal for both experienced property investors and those seeking to establish a premium rental portfolio.
Mortgage calculator
Monthly repayment
£4,252 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}