Block of Flats for sale in LE5, Leicester

Explore the Latest LE5, Leicester Block of Flats 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

Hide

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.

Contact:

Assembly CRE

Property Subtype:

Apartment

Date on Market:

23/09/2025

Hide

View on Map

Block of Flats for Sale Within 5 miles of the LE5, Leicester

The Coyote portfolio

Build-to-Rent for Sale
£71,000,000
297,104 sq ft
4 Build-to-Rent Properties

Portfolio of properties for Sale - Newcastle upon Tyne

The Coyote Portfolio comprises four stabilised freehold and Scottish freehold assets located in Glasgow, Nottingham, Newcastle and Leicester, all of which are Russell Group or multi-university cities. Each property is situated within easy walking distance of its respective city centre and/or major transport interchanges. The portfolio consists of modern residential (Use Class C3) assets developed between 2022 and 2024, extending to a total of 235,973 sq ft (21,922.6 sq m) and comprising 405 high-quality apartments. The assets are exceptionally well managed and maintained, benefiting from a strong and proven trading history. The portfolio offers multiple asset management opportunities and is currently 96% let, generating an aggregate current passing rent of £5,649,594 per annum. The estimated rental value, assuming full occupancy, is approximately £6,131,900 per annum, reflecting £25.99 per sq ft. Offers are invited in excess of £71,000,000 for The Coyote Portfolio, subject to existing tenancies and subject to contract. At the guide price, the portfolio reflects an attractive gross initial yield of 7.96% and a gross reversionary yield of 8.64% based on ERV, equating to a low capital value of £301 per sq ft (NSA). Offers for individual properties will also be considered.