2 bed Flat For Sale £110,000
Rutland Street, Leicester LE1
previous price £120,000

Completed in 1897, Alexandra House was designed by Leicester architect Edward Burgess for Faire Bros. Ltd, one of the largest boot and shoe lace manufacturers in the world.
All the ground floor windows are embossed with a floral design integrating the company name and the building is clad in buff terracotta with a polished marble plinth. Alexandra House was restored in the early 2000s and was converted into 175 apartments, the majority being a studio, one and two-bedroom apartments with only a handful of three-bedroom apartments being made.

This well-presented two-bedroom apartment provides an excellent step onto the property ladder or an addition to any buy to let investment portfolio as the property is currently rented at £595PCM however we expect the apartment would achieve approximately £650.00 pcm in today's market. Accommodation comprises of a deceptively spacious, bright and airy entrance hall, two good sized double bedrooms (one benefitting from a three-piece en-suite) and access to the balcony overlooking the communal south-facing courtyard, an open plan living/dining/kitchen area which benefits from relevant kitchen appliances with a four ring gas oven, concealed extractor fan, washing machine and ample kitchen storage alongside a three-piece family bathroom. The open plan living/dining/kitchen area has a beautiful and large window which overlooks the south-facing communal court-yard which lets in a great source of natural light, making the space bright and airy.

The apartment comes with the perk of secure allocated car parking for one vehicle, benefiting with the use of a concierge.

Alexandra House is a sympathetically converted building situated in the heart of Leicester's Cultural Quarter, ideally located for excellent access to Curve Theatre and Phoenix Square Cinema as well as the mainline railway station offering access to London St Pancras in just over an hour, the city's professional quarters, boutique bars and popular restaurants.

Service charge: (approximately)

Ground rent £500.00 (per year)
Annual concierge parking & service charge combined £3,000 (per year)

Measurements:

Living Kitchen - 5.7m x 4.52m
Bedroom One - 4.38m (max) x 3.12m
En-suite - 1.85m x 2.01m
Bathroom - 1.81m x2.01m
Bedroom Two - 3.12m x 4.38m

Vendor comments:

" I initially bought the property due to it's an excellent location and spacious accommodation. Situated in the cultural quarter, there's excellent amenities nearby and easy access to the train station which takes you straight to London St Pancras in a little over an hour. It has proved an excellent buy to let for me with the current tenant happily living at the apartment for over 6 years now. "