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Block of flats
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
- Potential to create an additional 4 x 1 bed flats
Description
KCR Real Estate presents a rare freehold investment opportunity on Long Street in Wigston town centre, offering a unique blend of secure rental income, commercial presence, and potential for future development. The property comprises two commercial units, rented to long-standing tenants, and five residential flats, all with generous proportions and comfortable living spaces. The flats are well-presented and in high demand, ensuring low void periods and consistent returns. Additionally, planning permission exists for four more one-bedroom flats, offering a significant opportunity to increase rental income and overall value. The property also features a private car park, side parking, and a large open garage, making it an attractive investment with a strong rental market in the area.