Guide price
£87,000
2 bed flat for saleJunior Street, Leicester LE1
2 beds
1 bath
1 reception
EPC Rating: C
Added on
About this property
Prime new listing. We are excited to present this vacant two-bedroom flat, an excellent residential opportunity located within a prime location in Leicester.
Sales Evidence: **Flat 40,5 The Chimney, Junior Street, Leicester LE1 4QD sold for £145,000; Flat 70,42 Burgess House, Sanvey Gate, Leicester LE1 4BR sold for £135,000**
For investors, this vacant property offers a potential rental income of £1,400 per month (£16,800 per annum) based on current market rates.
The property will be sold vacant and is presented in walk-in condition, making it ideal for first-time buyers, small families or investors seeking a readily lettable home.
The flat enjoys a convenient setting close to parks, restaurants, coffee shops, schools and easily accessible public transport links.
- Prime new listing. We are excited to present this vacant two-bedroom flat, an excellent residential opportunity located within a prime location in Leicester.
- Sales Evidence: **Flat 40,5 The Chimney, Junior Street, Leicester LE1 4QD sold for £145,000; Flat 70,42 Burgess House, Sanvey Gate, Leicester LE1 4BR sold for £135,000**
- For investors, this vacant property offers a potential rental income of £1,400 per month (£16,800 per annum) based on current market rates.
- The property will be sold vacant and is presented in walk-in condition, making it ideal for first-time buyers, small families or investors seeking a readily lettable home.
- The flat enjoys a convenient setting close to parks, restaurants, coffee shops, schools and easily accessible public transport links.
Prime new listing. We are excited to present this vacant two-bedroom flat, an excellent residential opportunity located within a prime location in Leicester.
The property comprises a bright and welcoming living room, a well-appointed kitchen, two spacious bedrooms, a practical toilet and ample storage throughout, offering comfortable accommodation with excellent day-to-day functionality.
For those seeking an investment purchase, this vacant property offers a potential rental income of £1,400 per month (£16,800 per annum) based on current market rates. This presents a remarkable opportunity for buy-to-let investors looking to secure a readily lettable property in a sought-after location, while also appealing to owner-occupiers who want a home that is ready for immediate occupation.
The property will be sold vacant and is presented in walk-in condition, making it an excellent choice for first-time buyers, those looking for a conveniently located new home, or shrewd investors seeking an easily lettable property with strong appeal.
The property is located near a whole host of local amenities including parks, restaurants, coffee shops and schools, with public transport easily accessible nearby, adding to the overall convenience and desirability of the address.
The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The property benefits from no ground rent, an average monthly service charge of £250, and approximately 80 years remaining on the lease, providing useful clarity for prospective purchasers.
Excellent sales evidence in the area:
**Flat 40,5 The Chimney, Junior Street, Leicester LE1 4QD sold for £145,000; Flat 70,42 Burgess House, Sanvey Gate, Leicester LE1 4BR sold for £135,000**
This lot is open to immediate offers. Should you wish to offer now, you can do so via our "Offer now" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
The buyer will contribute £650 + VAT towards the seller's legal fees.
Location
Leicester is a vibrant and well-connected city that continues to attract a broad range of buyers and tenants thanks to its strong mix of convenience, amenities and lifestyle appeal. The area offers an excellent selection of shops, cafés, restaurants and everyday services, along with access to parks and green spaces for leisure and relaxation. Families, professionals and students are all well catered for, with schooling options and reliable public transport links close at hand. The city centre is easily accessible, making this a highly practical location for commuting, living and long-term rental demand.
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Tenure
Leasehold (80 years)
Service charge
£3,000 per year
Council tax band
C
Ground rent
Ground rent date of next review
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