Hotoft Road
Leicester
2Bedrooms1Bathroomsflat
OIEO£100,000
1/25
OIEO:£100,000
Property details
Key features
- 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
Council Tax Band:
A
Tenure:
Leasehold
Ground Rent:
Contact Branch
Ground Rent Review Period:
Contact Branch
Annual Service Charge:
£1,284.00
Length of Lease:
82 years
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.
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.
Utilities, rights & restrictions
Expand
Utility Supply:
- ElectricityContact branch
- WaterContact branch
- HeatingContact branch
- BroadbandContact branch
- SewerageContact branch
Rights & Restrictions:
- Private rights of wayContact branch
- Public rights of wayContact branch
- Listed propertyContact branch
- RestrictionsContact branch
Risks:
- Flooded in last 5 yearsContact branch
- Flood defencesContact branch
- Source of floodContact branch
Guidance Notes
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(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) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.Use Our Homefinder Service
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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
