3 bed Flat For Sale £350,000
8 Upper King Street, Leicester, LE1 6XE

For Sale by Public Auction on14/02/2024

Location:
The property is conveniently located off Regent Road and near to the city centre, both universities and Leicester Royal Infirmary.

Description:
A 3 storey end terrace property with basement. The property has been converted to 3 self contained flats with double glazing, emergency lighting, fire alarm system, smoke detectors and electric heating.

Note
Residents permit parking scheme available (via Leicester City Council, subject to a nominal annual charge).
The basement is interlinked with No. 6. We have been advised that it will be divided between exchange of contracts and completion.

Tenure
Freehold, subject to existing tenancies.

Solicitors
Bond Adams, Richmond House, 94 London Road, Leicester LE2 0QS
[use Contact Agent Button] ~ Ref: H Waka

AccommodationAccommodation & Tenancies:
FLAT ACCOMMODATION SQFT (SQM) APPROX EPC TENANCY RENT £ INCL 1 - G/FEntrance hall, lounge/kitchen, 2 bedrooms, shower room682 (61)62, D12 months AST from 01.07.202311,5202 - F/FEntrance lobby, lounge/kitchen, bedroom, shower room452 (42)69, C12 months AST from 01.07.20237,9203 - 2/FEntrance hall, lounge/kitchen, bedroom, shower room410 (38)41, E12 months AST from 01.07.20237,200OutsideCar space (at the side of the property)
Shared rear yard with No. 6Potential to let at £600 paCurrent Rental Income26,640Cost of electric, water and insurance for period November 2022 - November 20231,888Net Rental Income24,752