Canal Street, South Wigston, Leicester

£500,000 Offers Over
For Sale

Property Summary

An EXCITING OPPORTUNITY to purchase a DEVELOPMENT that has planning permission for 13 apartments in the suburb of South Wigston in Leicestershire. This property has a rental yield of approximately 7% per annum.

Property Features

  • Development for 13 Apartments
  • Located in the Heart of South Wigston
  • Ideal Investment Opportunity
  • Great Potential Rental Yield on Completed Apartments
  • Planning Permission Obtained
  • Historic Building Appeal Built Circa 1886

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More Information?

34 Leicester Road
LE18 1DR

Full Details

An exciting opportunity to purchase a development that has planning permission for 13 apartments comprising of 4 x 2 Bedroom Apartments, 7 x 1 Bedroom Apartments and 2 x Studio Apartments. This building was one of the first buildings to be built in South Wigston circa 1886. Formerly a Cap and Hat works factory and is currently only one of two examples in South Wigston. The building is two and a half storeys in height and stands on the west side of Canal Street between Healey Street and Garden Street.

The property is perfectly situated for everyday amenities along Blaby Road within South Wigston with local Co-op, Tesco Supermarket and Lidl. There is also popular local schooling including South Wigston College, Fairfield Community Primary School, Parklands Primary School and South Wigston High School. Within walking distance of South Wigston Train Station and regular bus routes running to and from Leicester City Centre.