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2 bed Flat For Sale £140,000
The Newarke, Leicester


Description
GUIDE PRICE: £140,000 to £150,000 | AN ATTRACTIVE DUPLEX APARTMENT WITH THREE LETTING BEDROOMS situated on the banks of the River Soar in the vibrant West End city suburb of Leicester, being well served for De Montfort University, the City Centre, Leicester Royal Infirmary, Castle Gardens and the popular Braunstone Gate with its array of local amenities. This well appointed accommodation is let to three students though to 30/06/24 generating a rental income of £15k P/A providing an ideal INVESTMENT. The property briefly comprises, entrance hallway, fitted kitchen/diner with open plan living, three letting bedrooms, bathroom, separate shower room & secure allocated parking.
SUITABLE FOR INVESTMENT CASH BUYERS ONLY

Communal Entrance - With communal letterboxes and stairs leading to second floor:

Second Floor -

Entrance Hallway - Comprising intercom system, airing cupboard and turned stairs leading to the second floor:

Kitchen / Diner - Comprising a stylish range of green & light oak base, wall & drawer units with co-ordinating work surfaces over, matching breakfast bar, stainless steel sink unit & drainer with ceramic tiled splashbacks. Space is provided for double electric oven, with extractor canopy over, space is provided for free standing fridge/freezer, plumbing for washing machine, solid wood flooring, double glazed widnow to front elevation and open plan aspect through to:

Open Plan Living - 5.79m x 2.74m (19 x 9) - Featuring double glazed picture windows with riverside views, solid wood flooring, electric radiators, solid wood flooring and double glazed window to front elevation:

Bedroom - 3.61m x 3.45m (11'10 x 11'04) - Featuring solid wood flooring, double wardrobe fitted with sliding doors, electric heater and double glazed windows to front elevation:

Bedroom - 3.53m x 2.74m (11'7 x 9) - Featuring solid wood flooring, recess for wardrobe, electric radiator and double glazed window to river elevation:

Bathroom & Shower - 2.36m x 2.24m (7'09 x 7'04) - Fitted with a three piece suite comprising, panelled bath with mixer shower over, shower screen, pedestal sink & low level wc, decorative tiled surround, non slip flooring, heated towel rail & double glazed velux window:

Stairs & Landing - The landing provides access to bedroom and shower room:

Bedroom - 3.96m, x 0.91m (13, x 3) - Featuring two built in wardrobes, double glazed velux window, electric radiators, access to en-suite:

Shower Room - 3.25m x 1.70m (10'08 x 5'07) - Fitted with a three piece suite comprising, shower cubicle, pedestal sink & low level wc, decorative tiled surround, heated towel rail & double glazed velux window:

Garage Parking - Having allocated parking space E which is located within the building via a secure garage with electric gate entry system:

Lease Details - Managing Agents: Wildheart Residential Management
Lease length: 125 Years from 2002
Remaining: 104 Years
Service Charges: Variable £1,907.68 PA
Ground Rent: £100 PA

Disclaimer - Japanese Knotweed, identified on land adjacent to the property.The treatment plan will run from 2021-2024 with works guaranteed for 10 years, covered by an insurance backed guarantee. Please contact the office for further details on[use Contact Agent Button].

Free Valuation - Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your own property. Please contact Barkers to arrange a mutually convenient appointment on [use Contact Agent Button]

General Remarks - We are unable to confirm whether certain items in the property are in fully working order (i.e. gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate. Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner. Please ask one of our staff members to check files for any relevant documentation that have come to our attention.

Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.

MONEY LAUNDERING
Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.

MORTGAGES
Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.

VIEWING TIMES
Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business:
Monday to Friday 9am - 5.30pm
Saturday 9am - 4pm


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