Leicester Road, Loughborough LE11 8 bed semi

>

Leicester Road, Loughborough LE11 8 bed semi

Leicester Road, Loughborough LE11
£460,000

Our Summary

  • The property currently has a gross yearly income of £25,500 and there is scope to increase this income by reconfiguring the building to provide a greater number of units (subject to suitable planning consents)
  • Potential to increase the income by reconfiguring the layout to provide a greater number of units (subject to suitable planning consents)

Description

This property is a 4-storey end townhouse in a central location, offering approximately 3,500 sqft of accommodation. The property is currently divided into three large flats, two of which are double-storey, and has off-road parking to the rear. The property has a gross yearly income of £25,500 and has scope to increase this income by reconfiguring the building to provide more units, subject to suitable planning consents. The property has a 999-year lease with 937 years remaining, and is being sold as a going concern. The property has a mix of modern and original features, including high ceilings, large windows, and a walled garden to the front and a yard area to the rear. The property is being sold with vacant possession, and the vendor is willing to consider offers from serious and motivated buyers.