Guide price
£55,000
1 bed flat for saleFlat 6, 29 Lincoln Street, Near London Road, Leicester, Leicester City LE2
1 bed
EPC Rating: D
- Auction
- Feudal
Shonki Bros Auctions
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About this property
*For Sale by Auction on 18th June 2025 commencing at 05:00 pm*
Leasehold. One bedroom second floor flat having electric heating & double glazing. Ideal investment opportunity.
Location
The property is located close to the main A6 London Road, within walking distance of Leicester City Centre, Leicester University & Leicester Railway Station.
Accommodation
Communal entrance area with stairs leading to flat:
Flat:
Entrance area, lounge, kitchen, bedroom, bathroom, separate WC.
Tenure
Leasehold with vacant possession. The flat is held on a lease for 125 years from 30th September 1991 having an unexpired term of 91 years. There is a ground rent of £150.00 per annum and service charge of £1,000 per annum payable (approx.) (please refer to legal documentation).
Rent Achievable
£650.00 per calendar month exclusive (£7,800.00 per annum).
Note
Purchasers are to be made aware that an additional charge of £950.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before eight weeks following exchange of contracts.
Energy Performance Certificate
EPC Rating D.
Solicitors
Saiffee Solicitors, 37 Beaumont Street, Oadby, Leicester LE2 4DA. Tel: Ref: H. Adamali)
Email:
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note: Properties can be purchased prior to Auction