Property Investment for Auction Leicester LE3

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Auction date: Thu, 14/11/2024 - 14:00

Guide Price £20,000. An excellent investment vehicle within a block of purpose-built student accommodation serving both Leicester University and de Montfort University. Leasehold student studio flat with en suite. Communal gym, dance studio, and common room. Held on a 250-year lease first granted 01/10/2015, with 242 years unexpired. There is a sublease to the student management company which expires on 30th September 2026 providing a gross rental income of £7395.00 per annum. See legal pack for full lease details.

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