33-49 Market Street & 1-3 Welford Place, Leicester LE1 6DN

RESIDENTIAL REDEVELOPMENT OPPORTUNITY

OFFERS INVITED

A unique opportunity to acquire a charming period building with full planning consent to convert the upper floors into 14 residential units. This rare offering is situated in the heart of Leicester City Centre, making it an ideal investment for developers targeting young professionals, postgraduates, and small families. The proposed scheme comprises a mix of studio, one-bedroom, two-bedroom, and a single three-bedroom unit, offering versatile accommodation options

Property Highlights :

• Prime Location
• High Demand Area
• Planning consent to convert vacant upper parts to provide 14 units
• Connectivity
• Design Flexibility
• Tenure: Long leasehold (250 years)

Location:

The property enjoys a prime position on the western side of Market Street and the northern side of Welford Place, right in the heart of Leicester city centre. Market Street is a lively and well-frequented pedestrianised route leading directly into the city’s core. Leicester Railway Station is conveniently located approximately 750 metres to the southeast, just a 10-minute walk away

The surrounding area offers a vibrant mix of retail, commercial, and residential spaces, complemented by nearby parks and green spaces. Prominent retailers in the vicinity include Tesco Express, McDonald’s, and Nando’s.

Leicester is a dynamic, cosmopolitan city approximately 90 miles northwest of London, 33 miles east of Birmingham and 21 miles northeast of Coventry. Nottingham and Derby lie around 21 miles to the north and northwest respectively, whilst Peterborough is located 37 miles to the east.
There is a comprehensive shopping offer in Leicester, ranging from the mainstream shopping centres and streets to the boutiques, markets and specialist stores. The city has a growing student population and attracts more than 35,000 students over two Universities. The city has seen inward investment of over £500m to improve student infrastructure and study space, and numbers are set to continue to grow.