Block of Flats for sale in LE3

Block of Flats for Sale Within 5 miles of the LE3

More details for 21 Queen St, Leicester - Build-to-Rent for Sale

Queen Street Quarter - 21 Queen St

Leicester, LE1 1QD

Build-to-Rent for Sale
£29,500,000
105,706 sq ft

Car Charging Station
Fitness Centre
Pool

Leicester Build-to-Rent for Sale

Queen Street Quarter represents a rare opportunity to acquire a fully stabilized freehold residential investment in the heart of Leicester. The property comprises 232 modern apartments arranged across two significant buildings: The Rowley Building, a character warehouse conversion, and 18–19 Queen Street Quarter, a contemporary block. Offering a mix of studios, one- and two-bedroom units, this scheme delivers proven income and strong rental growth potential. With 95% occupancy and a robust tenancy base, the asset is underpinned by an estimated rental value of approximately £2.56 million per annum, with current passing rent at £2.3 million. Residents benefit from exceptional on-site amenities including a gym, swimming pool, yoga studio, games room, and communal lounge and dining areas. The property also includes 141 car parking spaces, incorporating electric vehicle charging stations. Its prime city center location places Queen Street Quarter within walking distance of Leicester’s primary retail, leisure, and cultural amenities, as well as Leicester Railway Station, providing fast connections to London. Strong local rental growth trends and an economically active population reinforce long-term value, making this an exceptional core-plus investment with further asset management upside.