Reliance Properties is pleased to offer this contemporary freehold block of 9 luxurious apartments located in the City Centre within close proximity to two universities, professional firms and the Leicester Royal Infirmary. This block was professionally designed and developed to a high standard in 2005/6. The accommodation provides a range of one, two and three bedroom apartments with the benefit of a lift and a basement car park with allocated parking spaces. The property is very popular and has been fully let over the last 5 years with a waiting list of tenants.
GENERAL INFORMATION
The 9 apartments at the property range from 578 square feet to 907 square feet. The Site Area is a total of 0.073 Hectares / 0.180 Acres. The property is currently fully let.
Total Current rental income per annum is £66,857. The vendor prefers to sell with tenants in situ.
The property also benefits from:
APARTMENT SCHEDULE
Flat Num
Beds
Bathrooms
Sq Ft
1
2
802
585
3
1 + Extra WC
581
4
906
5
584
6
578
7
907
9
866
11
709
TOTAL MONTHLY RENTAL
£5,571.45
TOTAL % YIELD
7.26 %
DIRECTIONAL NOTE
From outside the Holiday Inn on St. Nicholas circle, turn in an easterly direction into Peacock Lane in an easterly direction into Peacock Lane & almost immediately turn right into Southgates. Just before Southgates merges with Vaughan Way, turn left into Friar Lane and “Osborne House” can be found on the right hand side.
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