Build-to-Rent in Ashby Magna available for sale
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Block of Flats for Sale near Ashby Magna, UK

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Block of Flats for Sale Within 5 miles of the Ashby Magna, UK

More details for Sandhills Ave, Leicester - Build-to-Rent for Sale

Sandhills Ave

Leicester, LE5 1QN

  • Retail for Sale
  • £750,000
  • 5,270 sq ft
  • 1 Unit Available
  • Energy Performance: E

Leicester Build-to-Rent for Sale

Long Leasehold for a term of 999 years (virtual freehold) with a term of 983 years unexpired. The property is let to Shining Stars Day Nursery Limited (11243477) on an effective fully repairing and insuring lease for a term of 15 years (unbroken) from 23rd July 2019. The passing rental is £57,857.14 per annum exclusive, though subject to an RPI index linked rent review capped at 4% on 23rd July 2029. We are seeking offers in excess of £750,000 (Seven Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a gross yield of 7.71% and a net initial yield of 7.36% after the purchaser’s costs.

Contact:

Budworth Hardcastle Ltd

Property Subtype:

Apartment

Date on Market:

19/12/2025
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