Albion Street
City Centre, Leicester, LE1

£999,950
1574
Call Us 0116 270 9394

Features

  • Freehold Block of Four Apartments
  • Fifteen Letting Rooms
  • City Centre
  • Open Plan Style
  • Gross Income £66,940 P/A
  • Let Until 30/06/21
  • Ideally Located for Leicester Universities
  • EPC Rating B & C / Electric Heating
  • Internal Viewing Essential / Council Tax D
  • No Upward Chain

Description

Tenure: Freehold

INVESTMENT OPPORTUNITY! Generating £66940 per annum gross. A BLOCK OF FOUR FREEHOLD APARTMENTS in LEICESTER CITY CENTRE well situated within walking distance of both Leicester Universities, Leicester Train Station, the City Centre & an array of everyday amenities can be found locally. The development offers accommodation over four floors with FIFTEEN DOUBLE LETTING ROOMS with modern kitchens & bathrooms and some characterful features throughout. The property briefly comprises of communal hall way, 1 x 3 BEDROOM FLAT (located on lower ground floor) & 3 x 4 BEDROOM FLATS (located on ground, first & second floor) EPC Ratings B & C. OFFERED WITH NO UPWARD CHAIN. EARLY VIEWING ADVISED.

RENTAL INCOME

FLAT 1 - £16560 per annum tenancy until 30/6/2022
FLAT 2 - £22080 per annum tenancy until 30/6/2022
FLAT 3 - £9900 per annum tenancy until 24/6/2022 (9 month initial tenancy)
FLAT 4 - £18400 per annum tenancy until 22/7/2022

TOTAL - £66940

COMMUNAL GROUND FLOOR ENTRANCE

With stairs leading to all floors and giving access to all flats. Communal fire alarm, cupboard situated on lower ground floor housing electric meters:

FLAT ONE - LOWER GROUND FLOOR LEVEL

Internally the property comprises of entrance hallway, three double bedrooms, electric heating, one shower room and a spacious lounge/modern fitted kitchen/diner area. EPC RATING C

Lounge 7.90m x 6.67m
Kitchen 2.85m x 2.92m
Bedroom 1: 2.13m x 4.21m
Bedroom 2: 2.27m x 4.21m
Bedroom 3 7.35m x 2.43m
Bathroom 2.26m x 2.22m

FLAT TWO - GROUND FLOOR LEVEL

Internally the property comprises of entrance hallway, four double bedrooms, electric heating, two shower rooms and a spacious lounge/modern fitted kitchen/diner area. EPC RATING B

Bedroom 1: 4.74m x 2.25m
Bedroom 2: 4.33m x 2.37m
Bedroom 3: 4.63m x 2.37m
Bedroom 4: 8.02m x 2.47m
Lounge/kitchen 7.48m x 3.97m
Bathroom 1: 2.84m x 0.99m
Bathroom 2: 1.75m x 1.50m

FLAT THREE - FIRST FLOOR LEVEL

Internally the property comprises of entrance hallway, electric heating, four double bedrooms, two shower rooms and a spacious lounge/Modern Fitted Kitchen/diner area. EPC RATING C

Bedroom 1: 4.70m x 2.51m
Bedroom 2: 4.48m x 2.40m
Bedroom 3: 4.48m x 2.40m
Bedroom 4: 6.14m x 2.76m
Lounge/kitchen: 7.42m x 4.58m
Bathroom 1: 2.72m x 1.03m
Bathroom 2: 1.89m x 1.41m

FLAT FOUR - SECOND FLOOR LEVEL

Internally the property comprises of entrance hallway, electric heating, four double bedrooms, two shower rooms and a spacious lounge/Modern Fitted kitchen/diner area. EPC RATING C

Bedroom 1: 4.70m x 2.50 m
Bedroom 2: 4.48m x 2.38m
Bedroom 3: 4.51m x 2.38 m
Bedroom 4: 6.14m x 2.96m
Lounge/Kitchen: 7.47m x 4.51m
Bathroom 1: 1.98m x 1.40m
Bathroom 2: 2.81m X 1m

FREE VALUATION

Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your own property. Please contact Barkers to arrange a mutually convenient appointment on Tel: 0116 270 9394

GENERAL REMARKS

We are unable to confirm whether certain items in the property are in fully working order (i.e. gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate. Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner. Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
MONEY LAUNDERING
Under the Protection Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport or driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase of the sale of a property.
MORTGAGES
Barkers Estate Agents offer the services of an independent mortgage and financial adviser. Please ask an advisor for further information.
VIEWING TIMES
Viewing strictly by appointment through Barkers Estate Agents.
Hours of Business:
Monday to Friday 9am -5.30pm,
Saturday 9am - 4pm

Documents

EE Rating
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EI Rating
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Brochure
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