£55,000

Studio for sale

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Auction
Leasehold

Guide price

£55,000

Studio for sale

Alexandra House, Rutland Street, Leicester LE1

1 bath
1 reception
EPC rating: C

Key Information

Tenure:
Leasehold
Time remaining on lease:
104 years
Service charge:
£130 per month
Council tax band:
B
Ground rent:
£156
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Moat Community College 0.3 miles
  • Leicester 0.3 miles
  • Leicester International School 0.4 miles
  • South Wigston 3.7 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
National Residential are thrilled to present this charming ground floor studio apartment located in the esteemed Alexandra House Development, right in the heart of Leicester's vibrant Cultural Quarter.

This leasehold property comes with 104 years remaining on a 125-year lease from January 1,2003. The ground rent is £156.25 per annum, and the service charge is £130 per calendar month. It falls under council tax band B.

Alexandra House, a historic building dating back to 1897, was originally designed by the renowned Leicester architect Edward Burgess for Faire Bros Ltd. Once hailed as 'the finest warehouse in Leicester and one of the finest in the country, ' this iconic structure has been thoughtfully converted into 175 unique apartments. The building retains a wealth of original features and character, seamlessly blending the charm of the past with the conveniences of modern living.

Upon entering through the cast iron gate, residents are greeted by a communal hexagonal entrance lobby adorned with a domed vault embellished with blue and gold tiles. The studio apartment itself features an entrance hall with two cupboards providing ample storage, a bathroom with a WC, wash basin, and bath, a fully fitted kitchen with integrated appliances, and an open plan living space/bedroom. The building benefits from a secure fob entry system and retains its characterful features.

Nestled amidst a lively mix of independent cafes, bars, and restaurants, Alexandra House is just steps away from the Curve Theatre, Athena, Phoenix Square, and an array of public street art. The Cultural Quarter offers an ideal setting to immerse yourself in and enjoy the vibrant city lifestyle.

Leicester Railway Station, located within walking distance, provides convenient services to destinations such as Birmingham New Street, Nottingham, and London St Pancras International. Additionally, the Curve Theatre, Boost Trampoline Park Leicester, and Haymarket Shopping Centre are all less than a 15-minute drive away.

Please watch our online video tour for a closer look at the property. Viewings are highly recommended.

For further information and to arrange a viewing, please don't hesitate to call and speak to our dedicated specialist sales advisor. Your future home or investment opportunity awaits – schedule your viewing today!

Please be advised that all prospective buyers are strongly encouraged to thoroughly review the terms of the lease agreement, including ground rent and any potential escalation clauses, before entering into any property purchase. It is essential to seek professional advice from qualified solicitors or legal experts to ensure a comprehensive understanding of the lease's implications and obligations.

This property is only available for purchasers who are not in a chain.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. 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. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any 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: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.

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Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

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Property descriptions and related information displayed on this page are marketing materials provided by - National Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact National Residential for full details and further information.

  1. Zoopla
  2. For sale
  3. Leicestershire
  4. Leicester
  5. Leicester City Centre
  6. Rutland Street

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