1. Property photo 1 of 8 Common Area.Jpg
  2. Property photo 2 of 8 Laundry Area.Jpg
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£80,000

(£3,478/sq. ft)

1 bed flat for sale
Atkin Street, Flat 79, Leicester, Leicester LE2

    • 1 bed

    • 1 bath

    • 23 sq. ft

  • EPC Rating: B

New home
Leasehold
Added on 20/09/2024

About this property

    Great Investment opportunity for cash buyers only**
    Student Accommodation - Already Rented with one year rent upfront. Average earning around £500 Per month. Kitchen area Fitted with wall and base units with work surfaces and splashbacks, fridge freezer, electric oven and hob, sink unit with mixer tap, space for table and chairs
    bedroom/study Fitted with shelving and a desk unit, space for double bed, window to the side, electric heater. Shower room Fully enclosed and tiled shower unit, pedestal wash hand basin and WC.
    Rental income for the financial year 2021-2022 was £7,851.04
    The service charge for the same financial year was £1972.27
    Management fees are 4% plus VAT which equates to £375.36 for the same financial year.
    Ground rent was £283.54
    Rent has increased over the years but this is an example from 2021.
    Lease - 239 years remaining

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    Monthly repayment

    £400 per month

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    More information

    • Tenure

      Leasehold (239 years)

    • Service charge

    • Council tax band

      New build

    • Ground rent

    • Ground rent date of next review

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    Garrisons Estate Ltd

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