Property description

• Freehold Apartment Building -
• 21 Flats -
• £162,000 Income Per Annum -
• Circa 8 % Yield -

Reliance Properties is pleased to offer this contemporary freehold block of 21 luxurious apartments within close proximity to two universities, professional firms and the Leicester Royal Infirmary. Osbourne House was professionally designed and developed to a high standard in 2005/6. The building has 24 flats, of which 3 are owned separately. The accommodation provides a range of one, two and three bedroom apartments with the benefit of two lifts and a basement car park with 12 allocated 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 21 flats at the property range from 549 square feet to 1194 square feet. The Site Area is a total of 0.073 Hectares / 0.180 Acres. The property is currently fully let to professionals & students.

Total Current rental income per annum is £161,957.00. The vendor prefers to sell with tenants in situ.

The property also benefits from:

• Basement Parking Lot with 12 spaces available, accessible through electric gates -
• Two lifts reaching all the floors -
• Double Glazing -
• Electric Heating -
• Furnished Flats -
• CCTV -
• FOB Entry System -

APARTMENTS SCHEDULE

Property Features :

• Freehold Apartment Building
• 21 Flats
• £162,000 Income Per Annum
• Circa 8 % Yield
• Basement Parking Lot with 12 spaces available, accessible through electric gates.