Leicester Properties Knockout Potential

Every day the team at Keywest extols the virtues of investing in Leicester property because we fully appreciate the city’s huge potential. We are not the only ones championing our great city, however, as the latest high-profile investor has proved while helping to launch a knockout new development in the city centre.

Former world champion boxer Ricky Hatton is a major investor in a new £30 million development project featuring shops, flats and office space. He has taken what is being called a ‘significant’ stake, via his property investment firm, in the residential aspects of the New Walk project, which will see a former city council site being redeveloped.

The New Walk site will ultimately boast new office space for Mattioli Woods, the employee benefit and wealth management business which has outgrown its Enderby headquarters, and it is expected that the offices overall will house over 500 workers.

Hatton, a multiple boxing title-winner from Manchester, is putting money into the residential side of the project, which will see the creation of 54 quality apartments. The site will also see the creation of retail space totalling 10,000 sq ft.

Hatton said he was very pleased to be involved in the important project, adding that he was confident that his investment was a good one thanks to relationships he has built up in the development world.

Hatton received the MBE in 2007 and has held welterweight and light welterweight world championship titles. He won 45 out of 48 professional fights, with 32 knockouts, before retiring in 2012. He won the Fighter of the Year title in 2005.

The former fighter already has investments in the East Midlands and Leicestershire, as well as in other areas of Britain and overseas. His involvement in the latest project came as a result of getting to know the MD of the Sowden Group development company, Roy Coley.

The group is well known in the Leicester area after its involvement in some of the city’s biggest regeneration projects, such as the Highcross development, worth £300 million. It has plans for a Vaughan Way apartment block and was involved in the construction of a Pioneer Park office block and Asda supermarket off the A6. The group has also been influential in a range of residential projects around Leicestershire, including schemes in Melton Mowbray and Loughborough.

You don’t have to have the bank balance of a former world champion boxer to invest in the Leicester property market. Our knowledgeable team is just waiting to share the opportunities our great city has to offer, whatever your budget or personal circumstances. To find out more, get in touch today. Call us today at our office at Hinckley Road 01162 544 555, or Queens Road 01162 544 543.