Studio for sale

Flat 25 Hollybank Court, 193 London Road, Leicester LE2

*For Sale by Auction on 18th September 2024 commencing at 05:00 pm*

Leasehold Investment. Studio flat within a block having lift access, located within a popular residential location. Ideal investment opportunity.

Location
The Flat is located off the main A6 London Road within a purpose built block, having secured gated access. The Flat provides easy access to Leicester University, De Montfort University, Leicester City Centre & Leicester Railway Station.

Accommodation
Communal entrance area with lift access to the flat.

Flat:
Entrance area, lounge/bedroom, kitchen, shower room.

Outside:
Communal gardens.

Tenure
Leasehold subject to existing tenancy. The property is Let on an Assured Shorthold Tenancy for a term of 6 months from the 1st June 2024 at a rent of £585.00 per calendar month exclusive (£7,020.00 per annum).

The flat is held on a lease for a term of 89 years from 1994 having a ground rent of £100.00 per annum and service charge of £280.05 per annum (please refer to legal documentation).

Note
Purchasers are to be made aware that an additional charge of £950.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before eight weeks following exchange of contracts.

Energy Performance Certificate
EPC Rating D.

Solicitors
Philip J Hammond Solicitors, 47 Friar Lane, Leicester, LE1 5QX. Tel: Ref: R.Sculthorpe)
Email:

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note: Properties can be purchased prior to Auction