Property Details

1 bedroom apartment for sale For Sale

£80,000

ROI = 13% BMV = 36.48%

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Description

Presenting a beguiling one-bedroom flat situated on Melton Road, Belgrave, Leicester, this property is an enticing investment opportunity. Priced competitively at an asking figure of £80,000, the apartment is nestled within a popular residential area and is certain to pique the interest of discerning property seekers or investors. This second-floor flat has been designed thoughtfully to maximise both comfort and utility. It features a spacious double bedroom, a well-appointed bathroom and an inviting lounge, making it ideal for individuals or couples looking for their first home or downsizers desiring a more manageable property. The flat, while having no specific floors, boasts a comfortable, laid-out space designed for modern living. Investors will be thrilled with the property's unique appeal - a combination of an attractive asking price and low ground rent at just £25.00 per quarter. Furthermore, the service charge for this leasehold property rests at a reasonable £900.00 per annum, making this a financially appealing option. The flat benefits from an electric storage heater, ensuring warmth and comfort during the colder months. This, coupled with the property's EPC rating of 43E, illustrates the building's energy efficiency, contributing towards lower running costs. As for the council tax, potential buyers are advised that this information is yet to be confirmed. The remaining lease stands at 81 years, a substantial period offering property owners considerable freedom and flexibility. This is a fantastic feature for property seekers searching for long-term security in a highly desirable area. Situated in the much sought-after Belgrave area in Leicester, the flat is ideally located with access to local amenities and public transport links, adding to its appeal as an investment property. We double stress that internal viewing for this property is highly recommended. Potential buyers will be able to fully appreciate the space on offer and the potential that this charming flat holds. With its attractive offering and a host of features, this one-bedroom flat in Melton Road, Belgrave, Leicester is expected to attract a lot of interest. Secure your viewing today to avoid missing out on this remarkable opportunity.

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