Offers over

£100,000

2 bed flat for sale
Hotoft Road, Leicester LE5

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

Added on

Connells - Hinckley

Logo of Connells - Hinckley

About this property

  • Two Double Bedrooms

  • Spacious Separate Living Room

  • Modern Galley-Style Kitchen

  • Useful Utility Room

  • Ample Built-In Storage Throughout

  • Attractive Investment Opportunity

  • Anticipated Rental Yield in Excess of 8%

  • Lease Extension Currently Underway

Summary
This well-presented first floor flat offers spacious and versatile accommodation throughout, making it an excellent choice for both investors and owner-occupiers alike.

Description
This well-presented first floor flat offers spacious and versatile accommodation throughout, making it an excellent choice for both investors and owner-occupiers alike.

The accommodation comprises a generous galley-style kitchen, a spacious separate living room, and a practical utility room. There are two well-proportioned double bedrooms, a modern three-piece family bathroom, and ample built-in storage throughout the property.

Offering strong rental demand and an anticipated gross yield in excess of 8%, this property represents an outstanding investment opportunity. Its well-balanced layout, generous room sizes, and attractive rental prospects ensure broad appeal for a range of buyers.

Tenure: Leasehold with approximately 83 years remaining. The vendor is currently in the process of extending the lease, which is expected to be completed prior to completion of the sale.

Service Charge: £102 per calendar month.

Buyer A.M.L. Fee
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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More information

  • Tenure

    Leasehold (82 years)

  • Service charge

    £1,284 per year

  • Council tax band

    A

  • Ground rent

    £0

  • Ground rent date of next review

  • Report this listing
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Property descriptions and related information displayed on this page are marketing materials provided by - Connells - Hinckley. 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 Connells - Hinckley for full details and further information.