Summary -
Apartment 410 St. Georges Mill,7, Wimbledon Street,LEICESTER,LE1 1SY
LE1 1SY
3 bed 3 bath Maisonette
Spacious maisonette with secure underground parking and strong rental yield.
Gross annual rent £21,600 (tenant in situ)
A spacious three-bedroom maisonette in central Leicester, arranged over multiple levels within a converted mill building. The property currently produces gross annual rent of £21,600 and is sold with a long-term tenant in situ, making it a straightforward addition to a buy-to-let portfolio.
Key features include two en-suite bedrooms, an open-plan living and dining space, a separate three-piece bathroom and private underground parking. The apartment’s industrial-conversion character, high ceilings and large windows provide natural light and strong tenant appeal for city-centre renters, students or professionals.
Buyers should note material considerations: the sale is leasehold, the neighbourhood is classified as a deprived, high-crime, cosmopolitan student area, and broadband speeds are average. A Buyer’s Premium applies on sale completion. The existing tenant currently intends to remain, so vacant possession is not guaranteed without agreement.
For an investor this unit offers immediate income and minimal void risk while presenting medium-term upside through rent growth, active management or selective refurbishment. On-site inspection and a review of the Let Property Pack and lease documents are recommended before offer.
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