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Long Street, Wigston LE18 5 bed block of apartments for sale
Long Street, Wigston LE18
£1,200,000
Long Street, Wigston LE18
£1,200,000
Our Summary
- Freehold Mixed-Use Investment Opportunity – Long Street, Wigston, LE18
- KCR Real Estate are delighted to present this exceptional freehold investment opportunity situated on the ever-popular Long Street, right in the heart of Wigston town centre
- This substantial property offers a rare blend of secure rental income, excellent residential accommodation, commercial presence, and exciting scope for future development
- Adding further value to this property, planning permission potential exists for an additional four one-bedroom flats, significantly enhancing both the rental income and overall value of the freehold
- This offers an excellent opportunity for an investor or developer to maximise the site’s potential and capitalise on the strong rental market in the area
- This is a rare opportunity to acquire a substantial freehold block in a thriving town centre location, offering a healthy current rental income with clear scope for further uplift through development
- Early viewings are highly recommended to appreciate the size, versatility, and investment potential this property offers
- Potential to create an additional 4 x 1 bed flats
Description
KCR Real Estate presents a unique freehold investment opportunity on Long Street in Wigston town centre. The property comprises two established commercial units with long-standing tenants, generating consistent income, as well as five spacious residential flats with generous proportions. The flats are well-presented and in high demand, ensuring low void periods and strong rental returns. Additionally, there is potential for an extra four one-bedroom flats, enhancing the rental income and overall value of the freehold. The property also features a private car park, side parking, and a large open garage, making it an attractive investment opportunity. With its combination of commercial and residential elements, on-site parking, and long-term growth potential, this property represents an outstanding investment opportunity for an investor or developer.