£115,000
2 bed flat for saleHotoft Road, Leicester LE5
2 beds
1 bath
1 reception
EPC Rating: C
Added on
Fraser Stretton
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About this property
2 Bedrooms
Close Proximity To Local Amenities
Great location
Ideal For First Time Buyers & Investors
The seller is currently extending the lease, which is expected to be completed prior to completion of the sale.
Description
Property Description:
The accommodation boasts a spacious galley-style kitchen, a generous separate living room, and a convenient utility room. It offers two well-proportioned double bedrooms, a modern three-piece family bathroom, and ample built-in storage throughout.
This property presents an excellent investment opportunity, with strong rental potential and an anticipated yield of over 8%. With its versatile layout and attractive rental prospects, it's a fantastic option for both investors and future occupiers alike.
Tenure: Leasehold - 83 years remaining (The seller is currently extending the lease, which is expected to be completed prior to completion of the sale)
Service charge - £102 per month
Rooms & Dimensions: (max)
Kitchen: 2.32m x 3.64m
Lounge: 2.00m x 3.45m
Bedroom 1: 4.54m x 3.00m
Bedroom 2: 3.49m x 2.05m
Utility: 1.74m x 2.44m
Bathroom: 1.82m x 2.44m
Outside:
The property is located on the 1st floor, accessed via a secure and private entrance for residents.
Location:
The property's location offers convenient access to everyday local amenities and is within walking distance of amenities and services including renowned local schooling, supermarkets and easily accessible transport links. We highly recommended viewing this spacious and affordable home to appreciate its true potential.
Viewings and Directions:
Strictly by appointment only through the sole agent Fraser Stretton
Postcode for Sat Nav: LE5 1EF
Council Tax Band: A
Tenure: Leasehold (83 years)
Ground Rent: £0 per year
Service Charge: £102 per month
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More information
Tenure
Leasehold (83 years)
Service charge
£1,224 per year
Council tax band
A
Ground rent
Ground rent date of next review