Property photos
Freehold
£6,300,000
(£149.17/sq. ft)
Property for sale
Hotel Street, Leicester LE142,235 sq. ft
Local area information
Property location
Nearby amenities
- Leicester 0.4 miles
- The Children's Hospital School (SEN) 0.5 miles
- Moat Community College 0.6 miles
- South Wigston 3.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Leicester to find out more about the local area.
Features and description
- Freehold
- Total 42,235 sq ft
- Site extends to approx 0.275 acres
- Freehold price offers in excess of £6,300,000. A purchase at this level reflects an attractive gross initial yield of 10.89%, net initial yield of 8.02%.
The property is an attractive 5 storey period building of traditional brick and stone construction with a modern rear extention added in the 1960s beneath a part pitched slate and part flat roof. The building comprises of five ground floor retail units and 39 apartments providing 90 beds (14 studios, 8 x 2 bed cluster apartments, 7 x 3 bed cluster apartments, 10 x 4 bed cluster apartments) above. The uppers floors were converted into high quality student accommodation in 2017.
Internally, the spacious rooms are finished to a high standard being appointed with a double bed, desk and built in wardrobe, kitchen or kitchenette with oven, electric hob, dishwasher, fridge freezer and washing machine/dryer with karndean or Amtico flooring throughout. All beds are ensuite fitted with a shower, WC, wash basin and heated towel rail.
On site facilities include:-
- Electric heating throughout with individual thermostatic controlled panel radiators
- Recessed Lighting throughout with intelligent motion sensor lighting in common areas
- All rooms ensuite
- Sprinklers to common parts with smoke detectors in common areas and rooms
- Two Schindler passenger lifts
- Intercom to front door
- wifi
- Bike Store
- CCTV
Internally, the spacious rooms are finished to a high standard being appointed with a double bed, desk and built in wardrobe, kitchen or kitchenette with oven, electric hob, dishwasher, fridge freezer and washing machine/dryer with karndean or Amtico flooring throughout. All beds are ensuite fitted with a shower, WC, wash basin and heated towel rail.
On site facilities include:-
- Electric heating throughout with individual thermostatic controlled panel radiators
- Recessed Lighting throughout with intelligent motion sensor lighting in common areas
- All rooms ensuite
- Sprinklers to common parts with smoke detectors in common areas and rooms
- Two Schindler passenger lifts
- Intercom to front door
- wifi
- Bike Store
- CCTV
More information
Listed by
Innes England
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