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Charles Street, Leicester

Description

An exciting opportunity to purchase an investment portfolio of 7 apartments currently each let on Assured Shorthold Tenancies with an annual rent passing of £85,000 per annum (£7085 per month).

Situated in the heart of Leicester City in a purpose built block of apartments. All apartments are two bedrooms and vary on which floor they are located on within the building.

The properties are currently held in an investment company and it is the intentions of the vendors to sell 100% of the share capital of this Limited Company.

Further details of the apartments and the investment company available from the selling agents along with EPC and Council tax information.

Location - Agin Court is situated on Charles Street in the heart of the new Cultural Quarter. Just five minutes walk from both the mainline railway station and short walk to the Highcross shopping centre with its anchor John Lewis store, it's surrounded by theatres, cinema, restaurants and reaps all the benefits of living in the heart of the City.

Apartments - The portfolio includes 7 two bedroomed apartments situated within the building. Further details of each property and location within the building available via the selling agent.

Leases - The properties are each subject to a lease of 125 years with 120 years remaining. Details of ground rents and service charges available via the selling agents. Each property is also let under Assured Shorthold tenancies, again further details from the selling agents.

Method Of Sale - The properties are currently held in a private limited company at it is the intention of the vendors to sell 100% of the share capital of this company.

Energy Performance Rating - Six of the properties have a B rating EPC and the remaining property has a C classification.

Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed.

Council Tax Banding - All seven properties have a council tax banding of D

Appraisals & Surveys - If you have a house to sell then we offer a free valuation, without obligation.

Andrew Granger & Co undertake all types of Valuations including R.I.C.S. Homebuyer Survey and Valuation Reports, Valuations for probate, capital gains and inheritance tax purposes and Insurance Valuations. For further information contact our Surveying Department on .

Brochures

Charles Street, Leicester

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

120 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: D

Charles Street, Leicester

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.2 miles
  • South Wigston Station3.6 miles
  • Syston Station4.6 miles
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About the agent

Andrew Granger, Leicester

Stoughton Grange Gartree Road, Oadby, Leicester, LE2 2FB

Andrew Granger, Leicester

Property experts in Leicester.

As a local property firm with over 30 years? experience we are passionate about property and proud to offer a whole host of services from our offices across Leicestershire in Leicester, Loughborough and Market Harborough.

In addition, our unique association with the London Mayfair Office provides links with some 300 offices of independent agencies throughout the country, including London itself.

Experts in sales, lettings, surveys, planning and

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Disclaimer - Property reference 32769272. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Granger, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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