1 bedroom Ground floor flat in Leicester
Apartment B1, 1 Grosvenor Gate, Leicester, Leicestershire LE5 0TL
- Lot No: 13
- Property Type: Ground floor flat
- Contract Type: Unconditional with Fixed Fee
Guide Price* £59,000+ plus fees
Result Sold Prior to Auction
Property Description
A well proportioned apartment forming part of this landmark, period conversion. The apartment is located to the rear of the building on the ground floor. It is in generally good order throughout and benefits from a modern kitchen and bathroom, electric heating and allocated parking. Situated in a highly regarded location which has plenty of local amenities, a lovely park only yards away and good local schooling. An ideal buy to let investment with an estimated rental value of £500 per calendar month/£6,000 per annum and offering a gross return of 10% at the current guide price. A great addition to any rental portfolio. There may be possible scope for conversion to two bedrooms, subject to any required permissions. We are informed there is a long leasehold with approx. 111 years remaining. Please see legal pack for further information.
Communal Hallway
With secure entry door and intercom system.
Reception Hallway
A spacious hallway with access to bathroom, bedroom and lounge/diner. Electric radiator and intercom.
Lounge / Diner 4.60m x 4.35m
A spacious room with electric radiator and two arched windows to the side aspect.
Kitchen 3.55m x 2.65m
With a modern range of base and wall units. Sink unit, integrated oven, hob and extractor. Work surfaces and windows to three aspects.
Bedroom 4.35m x 2.80m
With two arched window to the side aspect.
Bathroom 4.38m x 2.14m
A spacious bathroom comprising low flush wc, wash hand basin and panelled bath. Part tiled walls, airing cupboard and window to the rear.
Outside
Communal areas including gardens and bin store along with parking space. There is a park only a few yards away.
Information
We are informed by the seller of the following information but would advise interested parties to check the legal pack. Lease - approx 111 years remaining. Ground Rent- £200 per annum. Service charge - £73 per month.
Tenure
Leasehold
Auction Details
Date 17th December 2021
Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454