Property for sale

London Road, Leicester

£850,000

Property Description

Full description

A rare opportunity to purchase an investment property comprising six self contained one and two bedroom apartments situated within the highly desirable and sought after residential area of Stoneygate. The property is currently fully let on six shorthold tenancies with a rent passing of £40,968 per annum. The building was converted approximately 7 years ago and comprises entrance lobby, communal entrance hallway. Apartment one: with entrance hall with open plan sitting room and kitchen, lower ground floor, bedroom and bathroom. Apartment two: hallway, open plan living/dining kitchen, sitting room with access to courtyard, bedroom and bathroom. Apartment three: private entrance and courtyard garden leading to lounge with open plan kitchen, hall, bedroom and bathroom. Apartment four: accessed via Springfield Road with parking space, courtyard garden arranged over the first and second floors with large open plan living room and kitchen, bathroom and bedroom, second floor further bedroom and en-suite. Apartment five: hallway, open plan living and kitchen area, two bedrooms and family bathroom. Apartment six: located on the second floor with hallway, open plan living/kitchen, bedroom and bathroom and third floor, bedroom and en-suite bathroom. To the front of the property there is car standing for several vehicles. Apartments one, two & five: EPC Rating G. Apartments three and four: EPC Rating F. Apartment six: EPC Rating D.

Location - The property is within a short walking distance of the fashionable local shops on Allandale Road and Frances Street and more comprehensive shopping and supermarket facilities are available in Oadby, Leicester and at Fosse Park Shopping Park.
There are nearby bus services on London Road, a short stroll away, and excellent recreational facilities, including squash courts and tennis clubs. There are several Doctors surgeries in Oadby and the private Spire Hospital is not far away.
For the commuter the nearby ringroad provides easy access to Jct 21 of the M1 and M69 and Leicester has rail services from the nearby station to London St. Pancras International and the Eurostar link.

Viewing & Directional Note - All viewings should be arranged through Andrew Granger & Co on 0116 242 9922.
To reach the property from the City centre, proceed southwards along the London Road (A6) where the property can be easily identified by the Andrew Granger & Company 'For Sale' board and located on the right hand side.

Communal Entrance Hallway - With access to flats 1,2,5 & 6.

Apartment One - With the benefit of heatrae electric wet central heating system with pressurised tank.

Hallway - With spiral staircase leading to lower ground floor.

Living Room/Kitchen - 4.900 max x 4.400 into bay (16'0" max x 14'5" into - With kitchen area comprising a range of base and wall mounted cupboards with inset stainless steel sink and drainer units over with mixer tap Smeg four ring electric hob with Gorenje cooker, integrated washer/dryer and integrated Smeg slimline dishwasher, bamboo flooring.

Ground Floor Lobby Area -

Family Bathroom - Comprising low flush wc with saniflo system, ceramic wall and floor tiling, bath with shower attachment, towel radiator and pedestal wash hand basin.

Bedroom - 4.600 x 4.200 (15'1" x 13'9") - With radiator and window to front elevation.

Apartment Two - With the benefit of heatrae electric boiler having wet central heating system and pressurised tank.

Entrance Hallway -

Bathroom - Bath with tiled surround and shower attachment, low flush wc, pedestal wash hand basin.

Living Room/Kitchen - 6.6 max x 4.5 max (21'7" max x 14'9" max) - A delightful open plan room with seating area with bamboo flooring and patio / french glazed doors giving access to small courtyard.

Kitchen Area - Comprising a range of base and wall mounted cupboards with work surface over, Smeg four ring electric hob with canopy extractor fan over, Smeg built in oven, Smeg slimline dishwasher and integrated washer/dryer, doorway leading to:-

Bedroom - 4.50m x 3.00m (14'9" x 9'10) - With radiator and window to side elevation.

First Floor -

Apartment Five - Situated on the first floor with the benefit of a heatrae wet electric central heating sysem with pressurised tank.

Entrance Hallway -

Kitchen/Living Room - 4.8 x 4.5 (15'8" x 14'9") - With a range of base and wall mounted cupboards with work surface over, inset sink and drainer unit, integrated Smeg four ring eletric hob with extractor fan over, Smeg integrated oven, Smeg slimline dishwasher, integrated washer/dryer, bamboo wooden flooring and window to rear elevation.

Bathroom - Comprising bath with tiled surround, pedestal wash hand basin, low flush wc, towel radiator.

Bedroom One - 4.2 x 3.4 into bay (13'9" x 11'1" into bay) - With radiator and large bay window to front elevation

Bedroom Two - 3'0 x 2.3 (9'10"'0'0" x 7'6") - With radiator and window to side elevation.

Apartment Six - With independent gas fired central heating.

Entrance Hallway - With bamboo flooring.

Living/Dining Kitchen - 4.2 x 5.8 max (13'9" x 19'0" max) - A delightful room with large window to side elevation, bamboo wooden flooring.

Kitchen Area - Comprising a range of base and wall mounted cubpoards with work surface over, inset sink and drainer unit, Smeg four ring electric hob with canopy extractor fan over, Smeg integrated oven, Smeg slimline dishwasher and integrated washer/dryer.

Bedroom One - 4.5 x 2.7 (14'9" x 8'10") - With window to rear elevation and radiator.

Bathroom - Comprising low flush wc, pedestal wash hand basin, bath with tiled surround and shower attachment, towel radiator.

Inner Hallway - With spiral staircase leading to bedroom two.

Bedroom Two - 6.7 x 3.0 (21'11" x 9'10") - With restricted head height, juliette balcony with multi paned double doors.

Ensuite - Comprising low flush wc, large bath with central taps, ceramic tiled flooring, pedestal wash hand basin and velux window to rear elevation, extractor fan.

Apartment Three - With the benefit of heatrae electric wet central heating system. Accessed from the side of the property with private courtyard garden.

Lounge/Kitchen - 4.7 max x 3.4 (15'5" max x 11'1") - Bamboo wooden flooring, kitchen area comprising a range of base and wall mounted cupboards with work surface over, inset stainless steel sink and drainer unit with mixer tap over, integrated slimline Smeg dishwasher, integrated washer/dryer, Smeg four ring electric hob with canopy extractor fan over and Smeg oven, useful storage cupboard.

Family Bathroom - Comprising low flush wc, bath with shower attachment and tiled surround, pedestal wash hand basin, window to side elevation.

Bedroom - 4.4 x 2.6 max (14'5" x 8'6" max) - Window to side elevation and radiator.

Apartment Four - With the benefit of heatrae electric wet central heating system with pressurised tank. Accessed to the rear of the property via a driveway from Springfield Road with off road parking for one vehicle, gravelled courtyard garden.

Hallway - With stairs rising to first floor.

First Floor -

Landing -

Living Room/Kitchen - 6.2 x 4.5 (20'4" x 14'9" ) - With bamboo wooden flooring, two windows to side elevation.

Kitchen Area - Comprising a range of base and wall mounted cupboards with work surface over, inset stainless steel sink and drainer unit with mixer tap over, integrated washer/dryer, integrated Smeg slimline dishwasher, Smeg four ring electric hob, Smeg oven and canopy extractor fan over, window to rear elevation.

Bedroom Two - 2.7 x 4.5 (8'10" x 14'9") - Window to side elevation and radiator, accessed via staircase leading to third floor with bedroom, stairs to second floor.

Bedroom One - 4.6 x 4.4 (15'1" x 14'5") - With restricted head height velux window to rear elevation, radiator.

Ensuite - Comprising low flush wc, pedestal wash hand basin, corner shower cubicle with tiled surround.

Lease - It is understood that the six flats are currently each let on separate shorthold tenancy agreements with a total rent passing of £40, 968 per annum. All tenancies are on an unfurnished basis and exclude bils, further details of the leases are available from the selling agents along with a specific breakdown of the individual rents achieved for each apartment and commencement date.

Purchasing Procedure - If you are interested in any of our properties then you should contact our offices at the earliest opportunity. We offer Independent Financial Advice and as part of our service we will ask our Mortgage Adviser to contact all potential purchasers and establish how they intend to fund their purchase.

If you are a cash purchaser then we will need confirmation of the availability of your funds.

Your home is at risk if you do not keep up re-payments on a mortgage or other loan secured on it.

Appraisals - If you have a house to sell then we offer a Free Valuation, without obligation.

Surveys - 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 0116 242 9933.

Agents Notice - Andrew Granger & Co is a trading name of Andrew Granger & Co LLP; Registration No. OC316917.
Registered office: Phoenix House, 52 High Street, Market Harborough, Leicestershire LE16 7AF.
Andrew Granger & Co for themselves and for the vendors / lessors of this property whose agents they are give notice that:-
1. Prospective purchasers / tenants should note that no statement in these details is to be relied upon as representation of fact and prospective purchasers / tenants should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained. These particulars do not form part of any contract.
2. Please note that no appliances, services or installations have been tested and no guarantee as to condition or suitability is confirmed or implied. Prospective purchasers / tenants are advised to obtain verification from their surveyor or solicitor.
3. All measurements mentioned within these particulars are approximate.
No person in the employment of Andrew Granger & Co has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars nor enter into any contract relating to the property on behalf of the vendors / lessors.


More information from this agent

Listing History

Added on Rightmove:
06 July 2015

Nearest stations

  • Leicester (1.2 mi)
  • South Wigston (2.7 mi)
  • Narborough (5.1 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Andrew Granger & Co, Leicester

Attenborough House, 10-12 Rutland Street, Leicester, LE1 1RD

0116 452 0070 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leicester (1.2 mi)
  • South Wigston (2.7 mi)
  • Narborough (5.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Andrew Granger & Co, Leicester

Attenborough House, 10-12 Rutland Street, Leicester, LE1 1RD

0116 452 0070 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 25691731. 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 & Co, 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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