Studio Flat For Sale, Rutland Street, Leicester LE1

Description

This is an investment opportunity to purchase an apartment in Leicester generating £6,600 rent pa & a gross yield of 6%.

Leasehold information:

- Length of lease: 125 years
- Year lease started: 2002
- Years left on lease: 105 years (from 2022)
- Service charge review period: Annually
- Ground rent review period: Increases in 10-year increments by 25%

Property information:

- Situated in the Grade II Alexandra House which was refurbished and converted in the early 2000s into apartments
- Located on the 4th floor
- Open plan living/bedroom
- Kitchen is separate
- Extra storage in the hallway
- External leak to window repaired promptly by property management company in June 2022
- EPC rating: C
- Council tax band A
- Monthly rental income £550

Location information:

- The property is located just outside the Leicester city centre
- A large number of amenities are just a short walk from the property
- Leicester railway station is a 10-minute walk away

Note:

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Follow the link for more information:

        
zoopla.co.uk

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Studio Flat For Sale £110,000 Rutland Street, Leicester LE1

Studio Flat For Sale £110,000
Rutland Street, Leicester LE1