Property photos
Offers in region of
£1,950,000
(£187.41/sq. ft)
Block of flats for sale
Sandhills Avenue, Leicester LE510,405 sq. ft
Local area information
Property location
Nearby amenities
- Hope Hamilton CofE Primary School 0.1 miles
- Kestrels' Field Primary School 0.4 miles
- Syston 2.5 miles
- Leicester 3.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Investment opportunity in popular Leicester suburb.
A new 999 years long leasehold at a peppercorn
ground rent.
Comprises two blocks of apartments with 21 let on
ASTs and 29 sold off with the benefit of ground
rents.
Currently producing an income of £134,536 per
annum, with a reversionary income
Break up potential.
High rental growth area.
Offers in the region of £1,950,000 (One Million, Nine Hundred & Fifty Thousand Pounds) are invited
for the long leasehold interest. The purchaser may
qualify for multi-unit relief on stamp duty. They
should rely on their own enquiries in this regard.
Asset Name Unit Description Bedrooms Area sq ft Start En Rent
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 3 2 691 08/09/2022 07/09/2024 £6,762
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 4 1 454 23/08/2023 31/08/2023 £7,800
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 5 1 454 30/01/2009 £6,000
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 21 1 455 27/10/2019 26/10/2020 £6,756
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 22 2 700 26/04/2019 25/10/2019 £7,500
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 3 1 450 05/03/2012 04/09/2012 £6,000
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 4 1 450 29/07/2022 28/07/2024 £6,762
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 5 1 450 14/10/2022 13/10/2024 £5,400
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 6 1 450 09/04/2009 £5,400
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 8 1 450 03/01/2022 02/01/2024 £5,385
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 9 1 450 10/10/2022 09/10/2024 £6,762
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 10 1 450 15/02/2019 14/02/2021 £6,180
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 11 1 450 08/08/2014 £6,000
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 12 1 450 22/08/2017 21/02/2018 £6,000
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 14 1 450 18/10/2019 17/10/2020 £5,700
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 15 1 450 22/01/2016 21/07/2016 £0
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 16 1 450 02/10/2020 01/10/2022 £6,762
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 17 1 450 00/01/1900 00/01/1900 £0
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 18 1 450 02/08/2021 01/08/2023 £5,385
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 22 1 450 25/08/2023 24/08/2025 £6,780
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 23 1 450 09/12/2022 08/12/2024 £7,800
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 27 1 451 09/06/2021 08/06/2023 £6,762
Total 10405 £127,896
Additional income of £6,640 per annum via ground rents
A new 999 years long leasehold at a peppercorn
ground rent.
Comprises two blocks of apartments with 21 let on
ASTs and 29 sold off with the benefit of ground
rents.
Currently producing an income of £134,536 per
annum, with a reversionary income
Break up potential.
High rental growth area.
Offers in the region of £1,950,000 (One Million, Nine Hundred & Fifty Thousand Pounds) are invited
for the long leasehold interest. The purchaser may
qualify for multi-unit relief on stamp duty. They
should rely on their own enquiries in this regard.
Asset Name Unit Description Bedrooms Area sq ft Start En Rent
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 3 2 691 08/09/2022 07/09/2024 £6,762
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 4 1 454 23/08/2023 31/08/2023 £7,800
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 5 1 454 30/01/2009 £6,000
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 21 1 455 27/10/2019 26/10/2020 £6,756
Sandhills Avenue, Hamilton, Leicester Block 190, Flat 22 2 700 26/04/2019 25/10/2019 £7,500
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 3 1 450 05/03/2012 04/09/2012 £6,000
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 4 1 450 29/07/2022 28/07/2024 £6,762
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 5 1 450 14/10/2022 13/10/2024 £5,400
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 6 1 450 09/04/2009 £5,400
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 8 1 450 03/01/2022 02/01/2024 £5,385
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 9 1 450 10/10/2022 09/10/2024 £6,762
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 10 1 450 15/02/2019 14/02/2021 £6,180
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 11 1 450 08/08/2014 £6,000
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 12 1 450 22/08/2017 21/02/2018 £6,000
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 14 1 450 18/10/2019 17/10/2020 £5,700
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 15 1 450 22/01/2016 21/07/2016 £0
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 16 1 450 02/10/2020 01/10/2022 £6,762
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 17 1 450 00/01/1900 00/01/1900 £0
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 18 1 450 02/08/2021 01/08/2023 £5,385
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 22 1 450 25/08/2023 24/08/2025 £6,780
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 23 1 450 09/12/2022 08/12/2024 £7,800
Sandhills Avenue, Hamilton, Leicester Block 204, Flat 27 1 451 09/06/2021 08/06/2023 £6,762
Total 10405 £127,896
Additional income of £6,640 per annum via ground rents
More information
Listed by
Assembly Commercial Real Estate
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