House For Sale £118,000
***investment opportunity***
An opportunity to secure a one bedroom apartment within one of the most desirable high end apartments in Loughborough. The property is offered for sale with an active tenant in situ making it the perfect investment for any prospective buy to let purchasers. The apartment provides access to the vibrant town centre with public transport. The property enjoys a yield circa 6.05% and there is an opportunity to take the property on a pre let basis, with tenants subject to contract.
Loughborough is a thriving university town lying a short distance from Junction 23 of the M1 motorway network. The town has a mainline railway station providing regular services to London St. Pancras and has easy access to East Midlands Airport. This exclusive development is located on the south-west side which is popular for professionals, affluent students and home makers within the second largest town in Leicestershire attracting city dwellers and town folk looking for a quieter corner, sometimes to retire and down size or for the more cosmopolitan buyer a staycation in the UK with the infrastructure and access that you would expect from a major city and vibrant market town with fine eateries and shops with banks and building societies, coffee shops and bars the town has a pedigree of its own. There is splendid architecture within the town and historic buildings with spires and beyond open countryside and views over the many villages.
Situated upon the second floor circa 581 square feet the property has spot lighting and underfloor heating, it is fully carpeted with polypropylene flooring to kitchen area. Comprising entrance hall, fitted kitchen with granite effect work surfaces, stainless steel hob, oven and modern extractor hood. Open plan light living room. Bedroom and bathroom with shower.
Communal entrance; With video door entry with communal lift to all floors, chrome nickel or polished chrome sockets and switches. Fire alarm system with automatic smoke vent over stairwells.
Entrance hall; Via front entrance door, carpet and doors to;
Kitchen; Fitted with a comprehensive range of wall and base units with brand new stainless steel hob and oven and modern extractor hood, inset spotlighting and polypropylene flooring.
Living room; Double glazed windows, carpet & power points.
Bedroom; Recessed down lighting, tv point, underfloor heating, double glazed windows, carpet.
Bathroom; Comprising bath with designer range chrome mixer taps and chrome thermostatic mixing shower, wash hand basin and close coupled WC and glazed shower screen with tiling to walls and floor. Shaving point and fitted cabinet.
Living Room: 5.90m x 5.18m
Bedroom: 3.77m x 3.34m
Ground rent £200
Length of lease 123 years
Service Charges and what is included £400 (communal areas; management, electricity, maintenance of communal space, gate and lift maintenance, communal cleaning)
An opportunity to secure a one bedroom apartment within one of the most desirable high end apartments in Loughborough. The property is offered for sale with an active tenant in situ making it the perfect investment for any prospective buy to let purchasers. The apartment provides access to the vibrant town centre with public transport. The property enjoys a yield circa 6.05% and there is an opportunity to take the property on a pre let basis, with tenants subject to contract.
Loughborough is a thriving university town lying a short distance from Junction 23 of the M1 motorway network. The town has a mainline railway station providing regular services to London St. Pancras and has easy access to East Midlands Airport. This exclusive development is located on the south-west side which is popular for professionals, affluent students and home makers within the second largest town in Leicestershire attracting city dwellers and town folk looking for a quieter corner, sometimes to retire and down size or for the more cosmopolitan buyer a staycation in the UK with the infrastructure and access that you would expect from a major city and vibrant market town with fine eateries and shops with banks and building societies, coffee shops and bars the town has a pedigree of its own. There is splendid architecture within the town and historic buildings with spires and beyond open countryside and views over the many villages.
Situated upon the second floor circa 581 square feet the property has spot lighting and underfloor heating, it is fully carpeted with polypropylene flooring to kitchen area. Comprising entrance hall, fitted kitchen with granite effect work surfaces, stainless steel hob, oven and modern extractor hood. Open plan light living room. Bedroom and bathroom with shower.
Communal entrance; With video door entry with communal lift to all floors, chrome nickel or polished chrome sockets and switches. Fire alarm system with automatic smoke vent over stairwells.
Entrance hall; Via front entrance door, carpet and doors to;
Kitchen; Fitted with a comprehensive range of wall and base units with brand new stainless steel hob and oven and modern extractor hood, inset spotlighting and polypropylene flooring.
Living room; Double glazed windows, carpet & power points.
Bedroom; Recessed down lighting, tv point, underfloor heating, double glazed windows, carpet.
Bathroom; Comprising bath with designer range chrome mixer taps and chrome thermostatic mixing shower, wash hand basin and close coupled WC and glazed shower screen with tiling to walls and floor. Shaving point and fitted cabinet.
Living Room: 5.90m x 5.18m
Bedroom: 3.77m x 3.34m
Ground rent £200
Length of lease 123 years
Service Charges and what is included £400 (communal areas; management, electricity, maintenance of communal space, gate and lift maintenance, communal cleaning)
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