£850,000

Studio flat for sale

Oadby, Leicester LE2
studio Flat studio Flat
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Property description

PREMIUM INVESTMENT OPPORTUNITY - OADBY TOWN CENTRE
Property Overview
This contemporary, high-specification residential development comprises six beautifully converted self-contained units strategically positioned on the prestigious corner of Chapel Street, directly facing The Parade - Oadby's bustling main shopping thoroughfare. The impressive portfolio includes two spacious two-bedroom town houses and four modern apartments, all complemented by dedicated parking facilities and thoughtfully designed communal areas.

Investment Highlights
Exceptional Freehold Investment Opportunity
Located in the vibrant heart of Oadby, this premium development represents a rare opportunity to acquire a fully operational residential portfolio generating substantial rental income from day one. The property combines modern living standards with prime commercial positioning, offering investors both immediate returns and long-term capital growth potential.

Key Financial Benefits:
•Fully tenanted portfolio with assured shorthold tenancies in place
•Gross annual rental income of £66,000 (£5,500 per calendar month)
•Attractive yield of approximately 8.5% at current guide price
•Immediate income stream with no void periods

Quality Assurance:
•Recently completed to contemporary standards
•Comprehensive 10-year build guarantee providing investor confidence
•Energy-efficient design with modern specifications throughout

Prime Location Advantages:
•Central Oadby position with unparalleled convenience
•Complete range of local amenities within 60 seconds' walk
•Excellent transport links and connectivity
•High tenant demand area ensuring strong rental market

Individual Unit Specifications

Units 1 & 2 - Two-Bedroom Town Houses Each town house offers spacious family accommodation comprising:
•Open-plan lounge area
•Modern kitchen/dining space
•Two well-proportioned bedrooms
•Contemporary bathroom suite

Unit 3 - One-Bedroom Duplex Apartment A unique split-level apartment featuring:
•Welcoming entrance hall
•Spacious lounge area
•Modern kitchen/dining space
•Double bedroom
•Contemporary shower room

Units 4 & 5 - One-Bedroom Apartments Two efficiently designed apartments, each offering:
•Open-plan lounge/kitchen area
•Comfortable bedroom
•Modern shower room

Unit 6 - Studio Apartment A stylish studio apartment featuring:
•Integrated lounge/kitchen/sleeping area
•Contemporary shower room

External Features & Amenities
The development benefits from extensive outdoor facilities designed to enhance resident satisfaction and property appeal:
Communal Areas:
•Attractively landscaped courtyard garden providing peaceful outdoor space
•Secure bicycle storage facilities
•Dedicated bin storage areas maintaining aesthetic appeal

Parking Provision:
•Six allocated parking spaces serving the development
•Convenient driveway access
•Essential urban amenity adding significant value

Council Tax & Utilities
Council Tax Efficiency: The development benefits from favorable Council Tax banding:
•Units 1, 2, 3, & 6: Band A (lowest residential rate)
•Units 4 & 5: Band B
•Attractive proposition for cost-conscious tenants

Modern Utility Infrastructure:
•Heating System: Electric heating throughout with energy-efficient double glazing
•Electrical Supply: Mains electricity connection
•Water Services: Mains water supply and sewerage connections
•Internet Ready: Full connectivity potential for modern living requirements

Investment Summary
This exceptional property represents a turnkey investment opportunity combining:
•Proven rental income with established tenancies
•Prime location ensuring continued demand
•Quality construction with comprehensive guarantees
•Efficient management potential with single-site portfolio
•Strong growth prospects in desirable Oadby location

The development offers the perfect balance of immediate income generation and long-term capital appreciation, making it ideal for both experienced property investors and those seeking to establish a premium rental portfolio.
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Oadby, Leicester LE2

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Aspire Group - Oadby 2 The Parade Oadby, Leics LE2 5BF
Call agent on 0116 484 9578
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Aspire Group - Oadby. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Aspire Group - Oadby for full details and further information.
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