Property photos
Offers over
£75,000
1 bed flat for sale
Fosse Road South, Leicester LE3Local area information
Property location
Nearby amenities
- Avanti Fields School 0.3 miles
- Fullhurst Community College 0.3 miles
- Leicester 1.3 miles
- South Wigston 3.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Leicester to find out more about the local area.
Features and description
- Leasehold
- First Time Buyer / Investors
- Vacant Possession or Tenant in Situ
- Double Glazed / Electric Heating
- No Chain
- Popular Location
- Modern kitchen
- Long Lease / Low Service Charge
- Cash Flowing
- Yield of Over 9%
- Video Tour
Location:
Nestled just a short stroll away from the city centre this buy-to-let gem presents a lucrative investment opportunity for those seeking a hassle-free venture with robust returns. Conveniently situated within walking distance of a plethora of local amenities, including dmu university, town centre shopping, supermarkets, leisure facilities, and verdant green spaces, this ground-floor apartment offers both convenience and comfort.
Features:
Boasting a host of desirable features, this well-maintained apartment comprises a spacious living kitchen, a cosy bedroom, a modern bathroom, and ample built-in storage. With the added perks of double-glazed windows, and electric heating, the property ensures a comfortable and economical living environment. Furthermore, its commendable Energy Performance Certificate rating of D and Council Tax Band A designation underscore its cost-effectiveness and sustainability.
Vacant possession or tenant in situ:
The apartment could make an exceptional first rung on the housing ladder for a first time buyer who will appreciate the apartments locale and amenities.
As an investment property it is currently commanding £600pcm meaning this investment promises lucrative returns of over 9%. A modest service charge of £95 per month which includes the ground rent, ensures seamless management of communal areas and grounds. Moreover, the property's leasehold tenure of 999 years, with an outstanding 982 years remaining, guarantees long-term stability without the need for renewal or extension.
Market outlook:
Capitalize on Fosse Road Souths burgeoning popularity among commuters and families, thanks to its strategic location providing easy access to the City and beyond via well-connected roadways and rail networks. Amidst a thriving rental market and favourable trends in Buy-to-Let mortgages, investing in property remains a reliable avenue for long-term stores of wealth and capital appreciation.
Don't miss out on this exceptional opportunity to secure a hassle-free investment with promising returns in Leicester's vibrant rental market. Contact us today to arrange a viewing and take the first step on the property ladder or towards building your investment portfolio.
Living kitchen: 13' 0" x 12' 4" (3.98m x 3.76m)
bathroom: 7' 4" x 4' 9" (2.25m x 1.47m)
bedroom: 10' 9" x 10' 3" (3.29m x 3.13m)
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
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Listed by
Tranquility Homes Ltd
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