Summary - 66-68 Blaby Road LE18 4SD
8 bed 3 bath Residential Development
Large freehold block with eight bedsits, courtyard and ground-floor retail..
Freehold mixed-use building with eight bedsits and ground-floor offices/retail space
Chain free; tenants in situ — immediate rental income potential
Internal courtyard offering development or amenity possibilities
Solid brick Victorian construction with period features and arched windows
FTTP broadband, mains gas heating, double glazing (install dates unknown)
Area is deprived with higher crime rates — increased management needs
Property requires refurbishment and possible wall insulation upgrades
Sold with 8 Station Street — larger combined investment parcel
A commanding three-storey Victorian corner building on Blaby Road offered chain free and freehold — built for mixed commercial and residential use. The property currently houses eight bedsits with communal shower rooms and kitchens, plus ground-floor office/retail space and an internal courtyard. Tenants are in situ, making this immediately income-generating for a landlord or investor willing to manage multi-lets.
The building is solid brick and retains period character such as arched windows; it benefits from mains gas central heating, double glazing, FTTP broadband and a modest council tax band. There is clear scope for refurbishment or reconfiguration (subject to planning) to increase rental values or convert more of the ground floor to commercial use. The sale includes 8 Station Street, offering a larger combined investment footprint.
Buyers should note material drawbacks: the area ranks as deprived with a higher local crime level, and parts of the property show exterior wear and will require renovation and ongoing management for communal facilities. Rooms are average in size and the property’s construction (circa 1900–1929) likely needs targeted upgrades — insulated walls are not confirmed. Parking is on-street only.
This opportunity suits a hands-on investor or developer experienced with multi-let stock and period buildings, or a purchaser seeking a joinable commercial/residential project close to local amenities and transport links. Verify rates, services and conversion potential with surveyors and planning specialists before proceeding.
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