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Regent Park Mews, 1-9 Regent Road, Leicester, LE1 6YE

in

Regent Park Mews, 1-9 Regent Road, Leicester, LE1 6YE

£1.25m

Fully Let Student Investment – Current Income £105,600 pa

  • 5 Student flats with 19 letting bedrooms
  • Very close to Leicester and De Montfort Universities
  • Easy access to Leicester City Centre
  • Current gross rental income £105,600 pa
  • Planning for an additional 12 bedrooms

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location

Leicester has a resident population of some 330,000 and, more importantly for student housing investors, it is a thriving university city with two renowned campuses close to the city centre.

The property is located some half a mile south of the city’s main retail and leisure areas at the junction of Regent Road and Welford Road, and is in an
ideal location for student use.

income

The 19 student rooms currently produce a gross income of £105,600 pa, based on a 48-week letting year.

This equates to £115.00 per room per week.

description

The property is a traditional two storey building with secure gated access to a
central courtyard which leading to all flats.

There are 19 beds over 5 flats.

covid-19

The University have announced that they will re-open as usual on Monday 5th October for the 2020/21 Academic Year. Read Update

proposal

£1.25m

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