Block of Flats for sale in Burton on the Wolds, Loughborough

Build-to-Rent in Burton on the Wolds available for sale

Block of Flats for Sale Within 10 miles of the Burton on the Wolds, Loughborough

Sandhills Ave

Leicester, LE5 1QN

Office 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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Sandhills Ave

Leicester, LE5 1QN

Build-to-Rent for Sale
£1,950,000
71,499 sq ft

Energy Performance: E

Leicester Build-to-Rent for Sale

Offers in the region of £1,950,000 (One Million, Nine Hundred & Fifty Thousand Pounds) are invited for the benefit of a new 999 year leasehold interest. The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.