Summary - Riverside Riverside House, Western Boulevard, Leicester, LE2 LE2 7HN
1 bed 1 bath Office
- Approximately 14,320 sq ft three-storey self-contained office building
- 30-space gated surface car park accessed from Tarragon Road
- Freehold title; offered at £2,250,000
- Good specification: lift, HVAC, kitchens, showers, category II lighting
- Well located for M1/M69 interchange and fast broadband/mobile signal
- Conversion to student/residential possible subject to planning (stp)
- Local area classed as student neighbourhood; close to amenities and university
- Area deprivation and above-average crime; conversion planning costs probable
Riverside House is a substantial three-storey, freehold office building extending to approximately 14,320 sq ft, offered at £2,250,000. The L-shaped brick and steel-framed property sits on the corner of Western Boulevard and Tarragon Road with a gated 30-space surface car park and immediate kerbside access. Built specification includes lift, integrated heating and cooling, category II lighting, kitchen facilities on each floor, male/female/disabled toilets, shower and changing facilities, and an existing open-plan fit-out — beneficial for continued commercial use or straightforward conversion layouts.
The site is well placed for road connections, with the M1/M69 interchange nearby, excellent mobile signal and fast broadband. The building’s size, layout and town-centre position make it a clear candidate for conversion to student or residential accommodation subject to planning (stp), especially given the local student-oriented neighbourhood classification and nearby university-related amenities. The solid construction and existing services reduce upfront installation needs compared with a full rebuild.
Buyers should note material considerations: conversion will require planning consent and associated costs; the immediate area scores as deprived with above-average crime statistics; the plot is described as small despite the building footprint; and this is a town-centre urban site rather than a suburban residential location. These factors affect both end-use feasibility and operating/rental assumptions. This opportunity suits investors or developers targeting large central sites with conversion potential or occupiers seeking a self-contained headquarters with significant on-site parking.
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