£117,000
1 bed flat for saleAlbert Road, Stoneygate, Leicester LE2
1 bed
1 bath
1 reception
EPC Rating: E
- Leasehold
Belvoir - Leicester Central
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About this property
Desirable Stoneygate Location
Easy Transport Links
Ideal investment opportunity
Tenants in situ generating a rental income of £700 pcm
Fitted Kitchen
Spacious Lounge
Resident Parking
A well-presented one-bedroom ground floor flat, ideally located in the highly sought-after and desirable area of Stoneygate. The property benefits from being within easy reach of Leicester city centre, the popular Queens Road with its range of independent shops, cafes and restaurants, as well as excellent transport links and local amenities.
This property is being sold with tenants in situ, currently achieving a rental income of £700 pcm. Properties within this development are consistently popular on the rental market, making this an ideal ready-made investment for landlords seeking a reliable, income-generating asset in a prime Leicester location.
Entrance hallway
Upon entering the flat, you are welcomed by a hallway with wooden flooring and neutral décor, providing access to all rooms within the property.
Living room
A bright and spacious living area featuring wooden flooring, a large window allowing for plenty of natural light, and ample space for lounge and dining furniture.
Kitchen
A separate, recently modernised fitted kitchen equipped with an oven, hob and extractor, along with space and plumbing for a washing machine and fridge/freezer. The kitchen is presented in clean, neutral tones and offers a practical layout for everyday use.
Bedroom
A well-proportioned double bedroom, benefitting from wooden flooring and a window overlooking the front aspect, providing a light and airy feel.
Bathroom
Accessed from the bedroom, the bathroom has been recently refurbished and is fitted with a white three-piece suite comprising a panelled bath with overhead shower, WC, and wash hand basin, all complemented by contemporary tiling and finishes.
Parking
To the rear of the property is a secure, allocated residents’ car park, providing off-road parking for the flat. There is also plenty of on-street parking too.
Lease details:
Service Charge: £1362.05 per annum
Ground Rent: £75 per annum
Term: 80 years from 24 June 2024
EPC rating: E.
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More information
Tenure
Leasehold (79 years)
Service charge
£1,362 per year
Council tax band
A
Ground rent
£75
Ground rent date of next review