Flat for sale in Leicester LE1, 1 Bedroom

*For Sale by Auction on 15th May 2019 to be held at Commencing at 05:30 pm*

Leasehold Investment. Fourth floor apartment situated in Leicester City Centre close to Leicester Railway Station & Leicester University. Ideal investment opportunity.

Location
The apartment is located in Leicester City Centre and is within walking distance of De Montfort University, Leicester University, Royal Infirmary & Highcross Shopping Centre. The apartment can be best approached from the main A594 Welford Road, turn left before Bannatynes Health Club into Duke Street. The Apartment is located within the block on the fourth floor with direct entrance from Duke Street.

Accommodation
Communal entrance area:
With lift and stairs leading to upper floors:

Apartment:
Entrance hall, kitchen/diner & lounge, bedroom, bathroom.

Tenure
Leasehold subject to existing tenancy. The flat is currently Let on an Assured Shorthold Tenancy from 5th November 2018 for a term of 12 months at a rent of £465.00 per calendar month exclusive (£5,580.00 per annum).

The flat is held on a lease for a term of 125 years from the 1st September 2004. There is a service charge payable of £100.00 per calendar month and a ground rent of £100.00 per annum (please refer to legal documentation).

Note
The completion date will be on or before eight weeks following exchange of contracts.

Energy Performance Certificate
EPC Rating D.

Solicitors
Salusbury Harding and Barlow Solicitors, 1 Berridge Street, Leicester, LE1 5JT
tel: Ref: I.H-Tapp)
Email:

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note: Properties can be purchased prior to Auction