ROI = 15% BMV = 25.83%
Description

SUMMARY An ideal first time buy or buy to let investment offered for sale with no upward chain in the heart of Leicester city centre. This DUPLEX APARTMENT comprises: entrance hall, living room with a separate fitted kitchen, bathroom and two double bedrooms on the mezzanine level. DESCRIPTION Two bedroom DUPLEX apartment situated in the heart of Leicester city centre, within a few minutes walk of a vast array of shopping and leisure amenities in the Highcross, two bus stations and Leicester train station. The accommodation comprises: entrance hall, living room with a separate fitted kitchen, a contemporary bathroom and two gallery style double bedrooms on the mezzanine level which overlook the lounge and kitchen areas. Auctioneer's Comments  This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. Communal Entrance  Leading to the stairs and the lift. The building benefits from a concierge service and an on site resident's gymnasium. Entrance Hall  The apartment comprises of an entrance hallway with intercom, leading to a modern bathroom, living room and kitchen. Staircase ascending to mezzanine level which comprises two double bedrooms. Living Room 16' 7" x 9' 7" ( 5.05m x 2.92m ) Living room with television point, telephone point, radiator and large windows overlooking the city. Kitchen 11' 4" x 9' 8" ( 3.45m x 2.95m ) Kitchen area fitted with wall and base units, stainless steel sink and drainer, work surfaces, built-in oven and hob with cooker hood, integrated fridge/freezer, washing machine and dishwasher. Bathroom  Contemporary bathroom suite comprising bath with shower over, wash hand basin, low level wc, tiled walls and extractor fan. Mezzanine Level:  With stairs rising from the hallway. Bedroom One 13' 7" x 9' 8" ( 4.14m x 2.95m ) Gallery style double bedroom overlooking kitchen with built-in wardrobe and TV point. Bedroom Two 13' 7" x 9' 8" ( 4.14m x 2.95m ) Gallery style double bedroom overlooking living room, with built-in wardrobe and TV point. Parking  Parking can be available to all residents for an additional £50.00 per calendar month which is managed by the building’s Concierge. Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Property Details
  • Property ID: 159212072
  • Added On: 2025-03-11
  • Deal Type: For Sale
  • Property Price: £90,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Duplex Apartment CITY CENTRE Location
  • Two Mezzanine Bedrooms
  • Ideal First Time Buy or Buy to Let Investment (Rental Yield circa. £950 - £1000 PCM)
  • Close Proximity to Train & Bus Stations
  • Concierge Service
  • Lift & On Site Gym Available