Offers over
£120,000
1 bed flat for salePortmore Close, Leicester LE4
1 bed
1 bath
1 reception
EPC Rating: C
About this property
No Upward Chain
Potential Monthly Rent of £850
Off Road Parking
Upper Floor Apartment
Ideal For First Time Buyers & Investors
Large Principle Bedroom
Potential Yield of 8.5% Per Month
Description
Offered to the market with no upward chain, this beautifully presented top floor apartment represents an excellent opportunity for both first-time buyers and investors alike. With a potential rental income of approximately £850 per calendar month, the property offers an attractive gross yield of around 8.5%.
The accommodation is generously proportioned throughout and briefly comprises an inviting entrance hall with access to a boarded loft via a drop-down ladder, providing excellent additional storage space.
The impressive living room is flooded with natural light thanks to a large window, creating a bright and welcoming space ideal for relaxing or entertaining.
Situated at the end of the hallway, the modern fitted kitchen features a comprehensive range of wall and base units, a breakfast bar, integrated microwave, freestanding fridge/freezer, five-ring gas hob with extractor hood over, electric oven, and sink with drainer. The kitchen is further complemented by a well-appointed utility room offering additional storage, plumbing for a washing machine and dryer, and housing the wall-mounted boiler.
The property also benefits from a spacious double bedroom, finished to a high standard and providing ample space for bedroom furnishings.
Externally, the apartment occupies a pleasant position at the end of a quiet cul-de-sac, conveniently located within easy reach of local schools, amenities, and Leicester City Centre. Further benefits include off-road parking.
Early viewing is highly recommended to fully appreciate the space, condition, and investment potential on offer.
Council Tax Band: A
Tenure: Leasehold (115 years)
Ground Rent: £10 per year
Service Charge: £948 per year
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More information
Tenure
Leasehold (115 years)
Service charge
£948 per year
Council tax band
A
Ground rent
£10
Ground rent date of next review
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