Marketed by
Innes England
Leicester
Peat House, 1 Waterloo Way, Leicester LE1 6LP, UK
Available
1 of 10
Guide Price
£2,700,000
49 Lower Brown Street, Leicester, Leicestershire, LE1 5TH
Key features
- 9 x Cluster flats (46 bed spaces)
- 5 x 4-beds, 2 x 6-beds and 2 x 7-beds
- Central location, ideal for professionals and students
- Price: £2.7m (reflecting an attractive gross yield of 10.56%)
- Rental income: £285,077 per annum
Description
The property comprises a former textile factory which was converted to provide residential accommodation over five floors of traditional brick construction beneath pitched and flat roof forms. The front elevation comprises powder coated aluminium framed double glazing together with an individual access entrance door and a large orange gate to the side providing access for the refuse storage.
Internally, the property has been finished to a high specification to provide accommodation on lower ground, upper ground, first, second and third floors with a total number of forty-six bed spaces in nine cluster flats. Each of the four bed flats comprise a shower room and separate WC, whilst the six and seven bed flats have the benefit of two shower rooms. Each bedspace is well proportioned and benefits from fitted blinds, carpeted floors, central heating, a fitted desk with chair, fitted shelving and furniture pack.
Externally, to the rear is a detached building which provides a laundry room that is timber clad beneath a flat roof and houses three washing machines and three dryers. The building also provides a covered area which provides an outdoor dining area whilst there are two rear yards for providing outdoors seating.
On-site facilities include:
- Intercom system
- Cycle store
- External refuse store
- Furnished accommodation
- CCTV system
Internally, the property has been finished to a high specification to provide accommodation on lower ground, upper ground, first, second and third floors with a total number of forty-six bed spaces in nine cluster flats. Each of the four bed flats comprise a shower room and separate WC, whilst the six and seven bed flats have the benefit of two shower rooms. Each bedspace is well proportioned and benefits from fitted blinds, carpeted floors, central heating, a fitted desk with chair, fitted shelving and furniture pack.
Externally, to the rear is a detached building which provides a laundry room that is timber clad beneath a flat roof and houses three washing machines and three dryers. The building also provides a covered area which provides an outdoor dining area whilst there are two rear yards for providing outdoors seating.
On-site facilities include:
- Intercom system
- Cycle store
- External refuse store
- Furnished accommodation
- CCTV system
Reference: 9006_sales
Download Sales Details
Marketed by
Innes England
Leicester
Peat House, 1 Waterloo Way, Leicester LE1 6LP, UK
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