GUIDE PRICE £107,000 Keywest are delighted to offer for sale this well presented two bedroom second floor apartment, situated in this stunning conversion on Fosse Road North. The accommodation in more detail briefly comprises communal entrance, entrance hall, two double bedrooms, family bathroom and open plan living/kitchen. The property also benefits from electric heating, communal car park to the rear of the building, intercom access and is also offered for sale with no upward chain. The property is currently tenanted on an AST until 15/07/22 and generates £595PCM so an excellent opportunity for a potential landlord to add to their existing portfolio, providing an yield of almost 7% and has a remaining lease of 108 years. An early viewing is highly recommended.
Full DetailsCOMMUNAL ENTRANCE HALL Entered via a communal door with intercom entry system, stairs rising to the second floor landing and door to the entrance hall.
ENTRANCE HALL With built in cupboard, electric heater, doors to all rooms and intercom entry phone.
BEDROOM 9' 4" x 10' 6" (2.84m x 3.2m) With window to the side aspect and electric heater.
BEDROOM 9' 3" x 10' 4" (2.82m x 3.15m) With window to the side aspect and electric heater.
BATHROOM Having a three piece white suite comprising low level WC, pedestal wash hand basin and panelled bath with mixer tap/shower attachment over, tiled splashbacks and extractor fan.
LIVING/KITCHEN 17' 3 (Max) " x 19' 4 (Max) " (5.26m x 5.89m) A nice open plan living/kitchen, the kitchen area comprises a good range of wall and base level storage units, roll top work surfaces, inset four ring electric hob, electric oven under and extractor fan over, inset stainless steel one and a half bowl drainer sink unit with mixer tap over, tiled splashbacks, plumbing for washing machine, space for fridge/freezer and laminate wooden flooring. The living area has two windows to the side aspect, a continuation of the laminate wooden flooring from the kitchen, two electric heaters and space for table and chairs.
COMMUNAL PARKING AREA There is a communal parking area to the rear of the building, spaces are not reserved, but on a first come first served basis.
LEASE DETAILS Leasehold is 125 years from 1 Jan 2004 (108 Years Remaining)
Ground rent is £195 per annum.
Service charge is £950 per annum
Buildings & terrorism insurance £465 per annum
- CURRENTLY TENANTED AND GENERATING £595 PCM
- Electric Heating
- EPC Rating D
- Family Bathroom
- Ideal Investment Opportunity
- No Upward Chain
- OPEN PLAN LIVING/KITCHEN
- PROVIDING ALMOST 7% YIELD!!!!!
- Two Double Bedrooms
- WELL PRESENTED TWO BEDROOM SECOND FLOOR APARTMENT