Watkin Road, Leicester
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Key features
- Spacious Apartment
- Allocated Parking
- Two Double Bedrooms
- Extremely Popular Location
- Fantastic Investment Opportunity
- En-suite To Master Bedroom
- Open Plan Lounge/Diner
- Generating £950PCM Rental Income
- Tenanted Until June 2023
- No Chain
Description
A fantastic two bedroom apartment in a secure building on the Freemans Common Development with allocated parking space. Currently let to students for this academic year, ending June 2022 and achieving £950 pcm, making this a superb buy to let opportunity, generating in excess of 6% yield! The accommodation briefly comprises; an L shaped entrance hallway, spacious lounge diner, two bedrooms, master en-suite and a family bathroom. There is a pleasant outside balcony and a single allocated parking space. The ground rent is £250 per year and the service charge is £293 per month. Internal viewing essential.
Entrance Hall - L shaped entrance hallway, radiator, storage cupboard housing the water tank, doors off to rooms.
Lounge/Diner - 6.63m x 4.04m - Sliding patio door to the balcony, further UPVC double glazing, radiator, inset ceiling spotlights.
Kitchen - 2.97m x 2.39m - Fitted with a range of wall and base units with worksurfaces and tiled splashbacks, drawer unit, glazed display unit, integrated fridge freezer, built-in double electric oven and gas hob, space for slimline dishwasher, one and a half bowl sink unit with mixer tap over, tiled floor, UPVC double glazed window.
Bedroom - 4.34m x 4.44m - UPVC double glazed window, radiator.
Ensuite - 2.06m x 1.7m - Double walk in shower cubicle with fully tiled walls and shower, pedestal wash hand basin, wc, heated towel rail, inset ceiling spot lights, tiled floor.
Bedroom Two - 3.02m x 1.7m - Double walk in shower cubicle with fully tiled walls and shower, pedestal wash hand basin, wc, heated towel rail, inset ceiling spot lights, tiled floor.
Bathroom - 2.06m x 1.68m - Panelled bath with glazed screen and shower over, fully tiled surround, pedestal wash hand basin, WC, inset ceiling spotlights, extractor fan, heated towel rail, tiled floor.
Outside - There is an allocated parking space for the property and an outside balcony accessed via the lounge/diner.
Additional Information - Council Tax Band: D
Tenure: Leasehold
The ground rent is £250 pa and is payable in two six monthly installments of £125 each
The current service charge is £285.14 pcm. Total £3,421pa
Total charges are £3,671
Lease 136 years left
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.
£250 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
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.
£3516
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.
135 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
Watkin Road, Leicester
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station1.1 miles
- South Wigston Station2.8 miles
- Narborough Station4.3 miles
About the agent
Seths Estate & Letting Agents, Leicester
20 Loughborough Road, Belgrave, Leicester, LE4 5LD
Seths is a multi-award winning established Estate and Lettings Agent who have been around for over 50 years.
Founded in 1970, Seths has grown quickly to become the market leader in our industry and are continuing to expand our geographical foothold on the Leicester market.
Our centrally located offices gives us the advantage of being able to sell and let properties throughout Leicestershire.
Coupled with our cutting edge technology, friendly and professional staff and extens
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 31851724. 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 Seths Estate & Letting Agents, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.