Watkin Road

Freemans Meadow, Leicester, LE2

Tenure: Leasehold

INVESTMENT OPPORTUNITY 7.3% YIELD | A MODERN TWO BED, TWO BATH 2nd FLOOR APARTMENT

Situated within the Freemans Meadow development, located in the fashionable West End city suburb of Leicester, being well served for Braunstone Gate with its array of specialist coffee bars, restaurants & bistros, LCFC, the Royal Infirmary & De Montfort University. The accommodation IS CURRENTLY LET FOR £1030PCM UNTIL 9/11/24 with a yield of 7.3% providing an ideal Investment Purchase & briefly comprises, entrance hallway, open plan lounge / diner with balcony / fitted kitchen with appliances, two double bedrooms, en-suite shower room, separate guest bathroom suite, one allocated parking space & communal gardens.

EARLY VIWEING RECOMMENDED | LET UNTIL 9/11/24

COMMUNAL ENTRANCE

Impressive walkway approach leading to front entrance door with security coded access, Stylish communal area with staircase and lifts to first floor:

ENTRANCE HALL

Storage cupboards housing water tanks & consumer unit, intercom system, central heating radiator & giving access to:

LOUNGE / DINER

5.00 x 5.31 (16'4" x 17'5")

Having tv point, radiator, double glazed patio doors & windows leading to decked balcony:

KITCHEN

3.10 x 2.49 (10'2" x 8'2")

Fitted kitchen comprising base, wall & drawer units, with matching roll edge work surfaces over & incorporating stainless steel sink unit. The range is integrated with a double stainless steel electric oven, four ring gas hob, extractor canopy with integrated fridge/freezer, free standing washing machine & dishwasher, spots to ceiling, tiled flooring:

BALCONY

Affording views of the complex:

BEDROOM ONE

3.67 x 3.41 (12'0" x 11'2")

Comprising of radiator, fitted wardrobe & double glazed sliding to side elevation leading to balcony:

EN-SUITE SHOWER ROOM

1.23 x 2.29 (4'0" x 7'6")

Fitted with a white three piece bathroom suite comprising low level wc, pedestal wash hand basin, tiled walk in shower cubical, finished with tiled flooring, extractor fan & wall mounted heated towel rail:

BEDROOM TWO

3.17 3.71 (10'4" 12'2" )

Radiator & double glazed window to side elevation:

BATHROOM

2.00 x 1.70 (6'6" x 5'6" )

Fitted with a white three piece suite comprising, panelled bath, pedestal wash hand basin, low level wc, finished with a part tiled surround, tiled flooring, heated towel rail & extractor fan:

OUTSIDE

communal landscaped gardens, secure underground covered parking for one car & on street parking for guests/residents (permit required via management company)

LEASE DETAILS

Managing Agents: Premier Estates
Length of Lease: 155 years from 1/1/2003 (135 years remaining)
Service charge: £922.44 per quarter
Ground rent: £75 per six months
Council Tax: Band D

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