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SOLD STC

Flat 5, Melton Road, Leicester, LE4

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • INVESTMENT FOR SALE
  • ONE BEDROOM FLAT
  • SECOND FLOOR
  • LOUNGE
  • GROUND RENT: £25.00 PER QUARTER
  • SERVICE CHARGE: £900.00P.A.
  • LEASE: 81 YEARS
  • ELECTRICS
  • STORAGE HEATER
  • LEASEHOLD

Description

Presenting a beguiling one-bedroom flat situated on Melton Road, Belgrave, Leicester, this property is an enticing investment opportunity. Priced competitively at an asking figure of £80,000, the apartment is nestled within a popular residential area and is certain to pique the interest of discerning property seekers or investors.

This second-floor flat has been designed thoughtfully to maximise both comfort and utility. It features a spacious double bedroom, a well-appointed bathroom and an inviting lounge, making it ideal for individuals or couples looking for their first home or downsizers desiring a more manageable property. The flat, while having no specific floors, boasts a comfortable, laid-out space designed for modern living.

Investors will be thrilled with the property's unique appeal - a combination of an attractive asking price and low ground rent at just £25.00 per quarter. Furthermore, the service charge for this leasehold property rests at a reasonable £900.00 per annum, making this a financially appealing option.

The flat benefits from an electric storage heater, ensuring warmth and comfort during the colder months. This, coupled with the property's EPC rating of 43E, illustrates the building's energy efficiency, contributing towards lower running costs. As for the council tax, potential buyers are advised that this information is yet to be confirmed.

The remaining lease stands at 81 years, a substantial period offering property owners considerable freedom and flexibility. This is a fantastic feature for property seekers searching for long-term security in a highly desirable area.

Situated in the much sought-after Belgrave area in Leicester, the flat is ideally located with access to local amenities and public transport links, adding to its appeal as an investment property.

We double stress that internal viewing for this property is highly recommended. Potential buyers will be able to fully appreciate the space on offer and the potential that this charming flat holds. With its attractive offering and a host of features, this one-bedroom flat in Melton Road, Belgrave, Leicester is expected to attract a lot of interest. Secure your viewing today to avoid missing out on this remarkable opportunity.

GROUND FLOOR

ENTRANCE DOOR, STAIRS LEADING TO SECOND FLOOR.

SECOND FLOOR

WOODEN DOOR TO:

ENTRANCE HALLWAY

With laminate floor covering.

LOUNGE

10' (3m 4cm) 6 x 14' (4m 26cm) 0 (approx)

With laminate flooring and storage heater and window to front elevation.

BEDROOM 1

14' (4m 26cm) 0 X 7' (2m 13cm) 6 (approx)

With laminate floor covering and storage heater.

KITCHEN

8' (2m 43cm) 3 x 11' (3m 35cm) 8 (approx)

With laminate floor covering, single drainer sink with fitted base units, plumbing for automatic washing machine, fitted hob & extractor fan.

BATHROOM

Full suite comprising of paneled bath, electric shower, wash hand basin and low flush WC,

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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Flat 5, Melton Road, Leicester, LE4

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About Rathods, Leicester

177 Melton Road, Belgrave, Leicester, LE4 6QT

Your mortgage

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Monthly repayments
£382
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Disclaimer - Property reference MER-1HEQ149RE39. 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 Rathods, 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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