Summary - REYNARD HOUSE, 37, WELFORD ROAD LE2 7AF
1 bed 1 bath Office
**Standout Features:**
- Freehold office building in a multicultural student neighborhood
- Spacious three-story layout with a total area of approximately 16,517 sqft
- Potential for residential conversion (subject to planning permission)
- Close proximity to De Montfort University and Leicester Royal Infirmary
- Off-street parking for approximately 24 vehicles
**Concerns:**
- Ten-year remaining lease limits flexibility for buyers (potential mortgage issues)
- High crime rate in the area
- Local area has significant deprivation
This remarkable commercial investment offers a prime location in Leicester's vibrant city center, perfect for savvy investors seeking a property with excellent future potential. Currently operating as an educational facility, the modern three-story office building boasts generous open-plan spaces, essential amenities, and a secure off-street parking capacity for 24 vehicles, meeting the needs of potential tenants or a future owner-occupier.
Although the property comes with a long-term lease, which may deter traditional financing routes, its potential for conversion to residential housing is particularly appealing in this increasingly in-demand neighborhood. Given the area's cultural diversity, proximity to educational institutions, and public transport links, investors can expect strong rental demand from students and professionals alike.
Don't miss out on this unique opportunity to secure a freehold property in a thriving area—whether you choose to retain the current use or explore development possibilities, the prospects here are promising. Act now, as opportunities like this do not last long!
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