Summary - Flat 1, 1, West Walk, LEICESTER LE1 7NG
1 bed 1 bath Commercial Property
**Standout Features:**
- Semi-detached Victorian building with character and charm
- 14 self-contained studio flats designed for modern student living
- Excellent rental income: £122,088.71 annually from flats and £6,300 from parking
- 100% occupancy for the next two academic years
- Ample on-site security with CCTV and parking facilities
- Spacious interiors with en-suite shower rooms, kitchens, and modern amenities
**Potential Downsides:**
- Property is located in an area with above-average crime rates
- The overall area is classified as deprived, which could impact desirability
This attractive semi-detached period property offers a unique investment opportunity in an increasingly popular student neighborhood in LE1. Each of the 14 modern studio flats features spacious living spaces equipped with kitchenettes, en-suite bathrooms, and necessary furnishings—ideal for students looking for comfort and convenience. The property boasts a proven track record of full occupancy, ensuring reliable income streams for the foreseeable future.
In addition to the residential aspect, the property includes off-street car parking and a cycle store, bringing extra revenue potential. While the area does face challenges such as above-average crime rates and is classified as highly deprived, its cosmopolitan vibe and proximity to schools, cafes, and amenities make it appealing to students. With its attractive architectural style, security features, and income-generating possibilities, this property is a solid choice for investors eager to capitalize on the growing demand in the student housing market. Don't miss out on this rare opportunity!
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