Flat for sale in Leicester LE2, 2 Bedroom

A stunning top floor apartment in a wonderful development in Stoneygate with two double bedrooms, with an open plan living and kitchen area, two double bedrooms, modern shower room and off road parking. The property is well located with easy access to the A6 and the main bus routes to and from the City. Retaining its original features this apartment would be a good investment opportunity with a rental of £565pcm.
*Potential 6.3% Return on capital employed gross (See investor information)

Entrance Hallway

The apartment leads into a hallway providing access to all the rooms

Open Plan Living Area

The living area is situated at the front of the property on the London Road side and has a large window flooding the area with natural light. The carpets are cream and the walls are white, so the space has a real neutral and contemporary feel.

Kitchen

A contemporary fitted kitchen located off the living area.

Lease Details

Ground Rent £150 pa
Service Charges £920 pa
Lease Term 125 years from 21st Feb 2008 (114 years remaining)
tbc

*Investor Information

Based on a sale at £139,000 and a rental income of £565pcm
- 75% loan assuming standard btl loan at 3% (interest only)
- Capital used £39,950 (including deposit, stamp duty and conveyancing)
- Annual pre tax profit of £2,583 = 6.3% pre tax income on capital used (these assumptions include service charge and ground rent estimates)
[Please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary.]

Bedroom One

A generous size double bedroom with carpeted flooring and overlooking the rear garden.

Bedroom Two

Another really good size double bedroom within the roof eaves and carpeted flooring.

Shower Room

The shower room comprises; w/c. Wash basin and shower cubicle. The bathroom is tiled throughout.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.