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Grosvenor Gate, Leicester

  • Offers Over £140,000
Featured For Sale
Grosvenor Gate, Leicester
Featured For Sale
Grosvenor Gate, Leicester
  • Offers Over £140,000

Overview

Property ID: HZ1000_RS0490
  • Apartment
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Description

Perfect for investors or first-time buyers. This impressive larger style two double bedroom apartment located in a sought-after location is an ideal investment property for any landlord’s portfolio, with a potential for over a 6% yield.

Property Description:
Located on the second floor, this larger style two-bedroom apartment overlooks the great views of the communal grounds and area. Perfect for investors looking to add to their portfolio, this property is ready to go. Currently rented this property provides an annual yield of 5%, however current projections could see an increase to over 6%.

In brief, this property comprises; an entrance hall, an impressive three-piece family bathroom, a generous dual aspect living/ dining room, a separate fitted kitchen with integrated appliances and two large double bedrooms.

Leasehold Details:
please note Fraser Stretton have been informed the property is leasehold, please see below for further details;

Lease length: 117 years remaining
Ground rent: £100.00 per year.
Service charges: £303.14 per quarter

Rooms & Dimensions:
Lounge/ dining room: 4.08m x 4.05m (Max)
Kitchen: 2.99m x 2.83m (Max)
Bedroom 1: 3.49m x 3.74m (Max)
Bedroom 2: 3.09m x 3.24m (Max)
Family Bathroom: 2.03m x 2.55m (Max)

Outside:
Set back from any main road, Grovsener gate is blessed with an abundance of off-road parking and large open communal grounds.

Location:
Humberstone is a modern district of Leicester, located on the north-east edge of the city. It comprises the north-eastern Leicester suburbs of Humberstone, Hamilton, and Netherhall. Humberstone & Hamilton are bordered by the wards of Rushey Mead to the north, Charnwood to the east, and Coleman and Thurncourt to the south. The area borders the county of Leicestershire; in particular, the borough of Charnwood to the north and the district of Harborough to the east. The area is very popular and has a large selection of shops and amenities within the area. There are two primary schools in Hamilton: Humberstone Infant Academy and Humberstone Junior Academy are close to the property.

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

Postcode for Sat Nav: LE5 0TL

Council Tax Band: C
Tenure: Leasehold (117 years)
Ground Rent: £100 per year
Service Charge: £303.14 per quarter

Property Documents

Brochure
EPC
  • Address 41 Grosvenor Gate, Leicester, Leicestershire
  • City Leicester
  • State/county Leicestershire
  • Zip/Postal Code LE5 0TL

Details

Updated on August 19, 2022 at 12:30 am
  • Property ID: HZ1000_RS0490
  • Price: Offers Over £140,000
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Apartment
  • Property Status: For Sale

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