£120,000

1 bed flat for sale in London Road, Leicester, LE2 (ref: 597014)

Shortlist

Key Features

  • Leasehold Property
  • Spacious One Bedroom Apartment
  • Sought After Area of Stoneygate
  • No Upward Chain
  • Communal Parking & Garage
  • First Floor
  • Double Glazing

We are delighted to present this first-floor, one-bedroom apartment situated in the highly desirable Stoneygate area. An excellent opportunity for investors.

Conveniently located near the City Centre on London Road, the apartment comprises of an entrance hallway, a spacious double bedroom, a modern fitted kitchen with an open-plan lounge and dining area, and a contemporary bathroom with a shower over the bath. The entire flat has been freshly decorated.

Included with the property are off-road communal parking, communal gardens, and a private garage.

The rental income for the flat is £9,000 per year, while the garage offers a rental income of £600 per year. Currently rented out.

Information:

Leasehold

Ground Rent £2 a year

Current Service Charge: £900 a year

Length of Lease: 84 remaining years

EPC rating 68 E

Council Tax Band A Leicester City Council

Entrance HallwayThe entrance hallway is equipped with fitted carpet and boasts two built-in storage cupboards.

Open Plan Kitchen/ Diner and Lounge AreaThe property features a contemporary fitted kitchen seamlessly integrated with an open-plan lounge and dining area, boasting a sliding patio door that opens to the front elevation. The kitchen is equipped with a combination of base and eye-level units complemented by work surfaces and a backsplash. It includes a stainless steel sink with a drainer and mixer taps, an integrated extractor fan, and a freestanding electric cooker. Additionally, there is ample space provided for either a washing machine or a dishwasher. The kitchen and dining space has Vinyl flooring, while the living area is carpeted. The heating system is comprised of an electric heater.

BedroomA spacious double bedroom featuring a window to the rear elevation, carpeted flooring, and a built-in storage space. Underfloor heating.

BathroomThe bathroom features a three-piece suite, including a bath-tub with a shower attachment, a low-level WC, a pedestal washbasin with hot and cold taps. The walls surrounding the bath-tub are fully tiled, and the floor is covered with vinyl flooring.

Communal Garden
The property is set within the communal garden.

Location Summary

Located in the sought after area of Stoneygate. The property is conveniently close to the city centre, lots of local amenities on London Road, and great transport links being near to the train station.

Stamp duty due

Based on a sale price of £120,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

11 Property images

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Further Details

  • Status: Available
  • Overall Plot Size: 495.14 acres
  • Tenure: Leasehold
  • Outside Spaces: Communal Garden
  • Reference: 597014

Location

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