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Property Listing Details

Property details

  • 1 bedroom

Features

  • Leasehold
  • 1 Bedroom
  • Apartment/Flat
  • Modern Open Plan Living Accomodation
  • Town Centre Location
  • Leasehold
  • EPC: B

Listing view statistics

Last 30 days: 184 page views

Since listed: 184 page views

Description

***offered with no upward chain, ideal investment or first time purchase opportunity within loughborough town centre***

The property is offered for sale with immediate vacant possession within walking distance to Loughborough town centre. The property enjoys a yield circa 6% and there is an opportunity to take the property with vacant possession or with an option on a pre let basis, with tenants subject to contract.

Loughborough is a thriving town, lying a short distance from Junction 23 of the M1 motorway network. The town has a mainline railway station providing regular services to London St. Pancras and provides easy access to East Midlands Airport. This exclusive development is located on the south-west side which is ever so popular for professionals, affluent students and professionals situated within the second largest town in Leicestershire. Fine eateries, a multitude of shops, banks and building societies, coffee shops, fitness centres, a cinema & bars, the town has a wide variety of leisurely opportunities for people of all backgrounds readily available within a short walking distance from the secure complex that is The Coneries.

Situated upon the second floor circa 473 square feet the property has spot lighting and underfloor heating throughout, it is fully carpeted with polypropylene flooring to the marbled effect tiled kitchen area. Comprising entrance hall, fitted kitchen with a range of wall and base units, granite effect work surfaces, stainless Indesit steel hob, Indesit oven and modern extractor hood. Open plan living room with a UPVC double glazed window with two openings allowing an abundance of natural light into the property. Bedroom with brand new neutral coloured carpets, spotlights and a bathroom with panelled bath & shower, vanity hand wash basin, concealed toilet and tiled floor and walls concludes the accommodation.

Entrance hall
Open Plan Living Room & Kitchen: 4.69m x 4.24m
Bedroom: 3.43m x 2.94m
Bathroom

10 year Professional Consultant's Certificate & building regulation approval warranty.
Ground rent: £200
Length of lease: 125 years
Service Charges and what is included £400 (communal areas; management, electricity, maintenance of communal space, gate and lift maintenance, communal cleaning)
Insurances and other charges: £100

Multiple apartments with tenants already in situ are available to prospective investors looking to buy.

You could get

Superfast broadband Superfast broadband

Up to 53.4 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Loughborough 0.4 miles
  • Barrow-upon-Soar 2.7 miles
  • Cobden Primary School & Community Centre 0.2 miles
  • Trinity College (SEN) 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Loughborough 0.4 miles
  • Barrow-upon-Soar 2.7 miles
  • Cobden Primary School & Community Centre 0.2 miles
  • Trinity College (SEN) 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in LE11:

  • £139,132
  • Price increase

  • £12,725
  • (10.067%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £114,780
  • Properties sold

    39

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in LE11 is currently:

£455 pcm

Recent sales nearby

See all recent sales in LE11
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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
10th Mar 2020 £119,950 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Leaders - Loughborough. 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 Leaders - Loughborough for full details and further information.