Property Description

A one bedroomed duplex apartment situated in one of the more desirable locations within the city centre. The property is one of the larger style top floor apartments within this handsome, converted building which was a former hosiery factory. Well placed being near the business and social area of New Walk with an excellent range of amenities including shops, bars and restaurants and green space of Victoria Park. It is within walking distance of both universities and the Leicester Royal Infirmary as well as the train station with regular, direct trains to London within an hour and other transport links. An ideal investment purchase with an estimated rental value of £600 per calendar month/£7,200 per annum. It would also make a superb Air B&B. Potential return of around 10%. The building is secure with concierge Monday-Friday and caretaker. Good order throughout with fitted kitchen, modern bathroom and option of underground parking at an additional charge. Opposite to the property there is an NCP car park and health club. There is a high demand for rental property in the area and we are informed that the flat was previously rented out at £590 per calendar month.

Communal Reception Hallway

A grand communal entrance with seating area, secure access and intercom system.

Lounge / Kitchen

Open plan living with a fitted kitchen with base and wall units, sink, oven, hob and extractor, built in fridge and washing machine. Lounge area with wooden flooring, electric heater and window. Spiral stairs lead to bedroom and shower room.

Bedroom

With wooden flooring, velux window and door to shower room.

Shower Room

With modern suite comprising low flush w.c. wash hand basin and shower cubicle. Tiled walls and flooring.

Additional Information

We are informed that - Low service charge of £660 per annum. Ground Rent is £170 per annum. Long Lease - 125 years from 2004 Interested parties are advised to check the legal documents.

Tenure

Leasehold

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