£115,000

2 bed flat for sale
Hotoft Road, Leicester LE5

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

Leasehold
Added on 26/09/2025

About this property

  • 2 Bedrooms

  • Close Proximity To Local Amenities

  • Great location

  • Ideal For First Time Buyers & Investors

  • The seller is currently extending the lease, which is expected to be completed prior to completion of the sale.

Description

Property Description:
The accommodation boasts a spacious galley-style kitchen, a generous separate living room, and a convenient utility room. It offers two well-proportioned double bedrooms, a modern three-piece family bathroom, and ample built-in storage throughout.

This property presents an excellent investment opportunity, with strong rental potential and an anticipated yield of over 8%. With its versatile layout and attractive rental prospects, it's a fantastic option for both investors and future occupiers alike.

Tenure: Leasehold - 83 years remaining (The seller is currently extending the lease, which is expected to be completed prior to completion of the sale)

Service charge - £102 per month

Rooms & Dimensions: (max)
Kitchen: 2.32m x 3.64m
Lounge: 2.00m x 3.45m
Bedroom 1: 4.54m x 3.00m
Bedroom 2: 3.49m x 2.05m
Utility: 1.74m x 2.44m
Bathroom: 1.82m x 2.44m

Outside:
The property is located on the 1st floor, accessed via a secure and private entrance for residents.

Location:
The property's location offers convenient access to everyday local amenities and is within walking distance of amenities and services including renowned local schooling, supermarkets and easily accessible transport links. We highly recommended viewing this spacious and affordable home to appreciate its true potential.

Viewings and Directions:
Strictly by appointment only through the sole agent Fraser Stretton

Postcode for Sat Nav: LE5 1EF

Council Tax Band: A
Tenure: Leasehold (83 years)
Ground Rent: £0 per year
Service Charge: £102 per month

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Monthly repayment

£575 per month

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More information

  • Tenure

    Leasehold (83 years)

  • Service charge

    £1,224 per year

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

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Fraser Stretton

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