Skip links

The Hamptons, 2 King Street, Leicester, LE1 6RH

£2.5m

Fully Let Student Investment – Current Income £186,500 pa

  • 5 Student flats with 26 letting bedrooms
  • Ground Floor Retail/Leisure Unit
  • Very close to Leicester and De Montfort Universities
  • In Leicester City Centre
  • Current gross rental income £186,500 pa
Details Enquire

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 City’s two main universities are Leicester University and De Montfort University.

income

The 26 student rooms produce a gross income of £162,500 pa based on a 48-week letting year. This equated to £130.00 per room per week.

The GF retail unit is let under lease producing £24,000 pa.

description

The property was converted to student use in 2018 and provides a mix of accommodation.

There are 26 beds over five flats with retail accommodation occupying the ground floor and basement.

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

£2.5m

Insight
About
Contact