Just added

Guide price

£65,000

1 bed flat for sale
Yeoman Street, Leicester LE1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Auction
  • Leasehold

Added on

William H Brown - Leicester

Logo of William H Brown - Leicester

About this property

  • Sale by Modern Auction (T&Cs apply)

  • Subject to an undisclosed Reserve Price

  • Buyers fees apply

  • Spacious double bedroom

  • Leicester's Cultural Quarter

  • Potential gross yield of circa 13% based on guide price

  • Open-plan living, kitchen and dining area

  • Ideal investment or first-time purchase

Summary
Investment Opportunity - Circa 13% Gross Yield. A stylish one-bedroom apartment in the sought-after Fabric development, Leicester City Centre. Featuring high ceilings, a spacious double bedroom, and an open-plan living/kitchen/dining area with French doors opening onto a private balcony,

description
Situated within the popular Fabric development on Yeoman Street, this attractive one-bedroom apartment combines character, space and modern city living in a prime Leicester City Centre location. The property benefits from high ceilings throughout, enhancing the sense of space and complementing the character of the building. At the heart of the home is a generous open-plan living, kitchen and dining area, providing a versatile and sociable space ideal for both everyday living and entertaining. French doors open onto a private rear balcony, allowing natural light to flood the room and creating an attractive outdoor seating area. The accommodation also includes a spacious double bedroom and a well-appointed bathroom, making the property perfectly suited to first-time buyers, professionals and investors alike. Conveniently positioned within walking distance of Leicester's extensive range of shops, restaurants, leisure facilities and transport links, the apartment offers all the benefits of city-centre living. For investors, the property presents an excellent opportunity with the potential to generate a circa 13% gross yield based on the guide price. Combining character features, impressive ceiling heights, outdoor space and strong investment credentials, this unique apartment represents a fantastic opportunity in a highly desirable city-centre setting.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall
Intercom, Radiator and Carpet flooring.

Kitchen/Living/Dining
Fitted wall and base units, carpet flooring, radiator, french doors to rear leading to balcony.

Bedroom One
Window to rear, carpet flooring and radiator.

Bathroom
Hand wash basin, toilet, bath/shower and radiator.

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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More information

  • Tenure

    Leasehold (105 years)

  • Service charge

    £4,152 per year

  • Council tax band

    B

  • 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 - William H Brown - Leicester. 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 William H Brown - Leicester for full details and further information.