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Property Listing Details

Property details

  • 1 bedroom

Features

  • Leasehold

Listing view statistics

Last 30 days: 631 page views

Since listed: 978 page views

Description

*For Sale by Auction on 9th October 2019 to be held at King Power Stadium, Leicester City Football Club Commencing at 05:30 pm*

Leasehold Investment. One bedroom ground floor self contained flat having electric heating & double glazing. Currently Let on an Assured Shorthold Tenancy.

Location
The property can be approached via A47 King Richards Road, going onto Glenfield Road. The flat is within walking distance of Leicester City Centre & De Montfort University.

Accommodation
Communal entrance area:

Ground Floor Flat:
Entrance area, lounge, kitchen, bedroom, shower room with WC.

Tenure
Leasehold subject to existing tenancy. The property has been Let on Assured Shorthold Tenancy for a term of 6 months from 5th October 2018 at a rent of £425.00 per calendar month exclusive (£5,100.00 per annum). The tenant is currently holding over.

The flat is held on a lease for a term of 125 years from 1990. We have been informed by the vendor that there is a service charge and ground rent payable of £900.00 per annum (please refer to legal documentation).

Note
The completion date will be on or before eight weeks following exchange of contracts.

Energy Performance Certificate
EPC Rating E.

Solicitors
tml Solicitors, 63b King Street, Leicester, LE1 6RP. Tel: Ref: D.Mahet) Email:

*Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions*

note: Properties can be purchased prior to Auction

You could get

Superfast broadband Superfast broadband

Up to 150 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Leicester 1.2 miles
  • South Wigston 3.8 miles
  • King Richard III Infant and Nursery School 0.3 miles
  • Shaftesbury Junior School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Leicester 1.2 miles
  • South Wigston 3.8 miles
  • King Richard III Infant and Nursery School 0.3 miles
  • Shaftesbury Junior School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in LE3:

  • £127,223
  • Price decrease

  • -£6,617
  • (-4.944%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £102,030
  • Properties sold

    47

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in LE3 is currently:

£468 pcm

Recent sales nearby

See all recent sales in LE3
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
9th Sep 2019 £58,000 First listed
8th Dec 2017 £60,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Shonki Bros Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Shonki Bros Auctions for full details and further information.