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Purchase Price

£995,000

£995,000

  • 6 Bedroom Apartment Block
  • 7500 SQFT

Property Details

7500 SQFT

33 Westleigh Road presents an exciting, fully refurbished investment property, located in the heart of Leicester. This is a 6-bedroom property, each bedroom featuring its own en-suite bathroom. With a large kitchen, communal lounge, and an on-site care company office, this property is perfect for supported living arrangements.

Leased for 15 years to a gold-standard care provider under a Full Repair and Insurance (FRI) lease, this investment offers stability and peace of mind. Currently tenanted and generating £70,200 per year, this property is already cash flowing, ensuring immediate returns for investors.

Location

Leicester is a vibrant city located in the East Midlands region of England. It
is the largest city in Leicestershire and has a rich history that dates back to
Roman times. Today, Leicester is a diverse and multicultural city with a population of around 350,000 people. The city is known for its thriving cultural scene, offering a wide range of entertainment, arts, and historical attractions. Leicester is home to various museums, galleries, and theaters, showcasing its heritage and contemporary art.

One of Leicester's notable features is its prestigious universities, including the University of Leicester and De Montfort University, which attract a significant student population. As a result, there is a strong demand for rental properties, making it an appealing option for property investors.

Leicester also benefits from its strategic location and excellent transport links, making it easily accessible by road and rail. The city's infrastructure is continuously improving, with ongoing regeneration projects enhancing its urban landscape. With its diverse community, economic opportunities, cultural offerings, and affordable property prices compared to other major UK cities, Leicester presents an attractive destination for residents, tourists, and investors alike.

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