Alexandra House, Rutland Street, Leicester City Centre
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Secure Valet Parking
- Potential Yield of 8.57%
- Two Double Bedrooms
- City Centre Living
- Fitted Kitchen With Appliances
- Ideal For First Time Buyers & Investors
- Lift access
- No Upward Chain
Description
Perfect for investors with a potential yield of 8.57%, this spacious apartment sits on the sixth floor, accessed via multiple lifts and stairs. Recently refurbished the property is ready to go, making it an ideal purchase for a first-time buyer or investment property to any landlord portfolio. In brief, the property comprises two double bedrooms, with built-in wardrobes to the master, three-piece bathroom suite, spacious lounge kitchen diner and balcony, accessed from both lounge and bedroom. With the kitchen being fitted with integrated fridge/freezer, washing machine and dishwasher.
Sitting within the heart of Leicester's Cultural quarter stands Alexandra House, originally constructed to store bootlaces in 1897 and described by Architectural historian Nikolaus Pevsner as "the finest warehouse in Leicester and one of the finest in the country" was designed by Leicester architect Edward Burgess for Faire Bros. Ltd.
Now used as residential premises, Alexandra House is complete with its own underground secure parking space and valet service accessed through an external communal square.
Rooms & Dimensions: (Max)
Kitchen Lounge Diner: 4.79m x 5.02m
Bedroom One: 4.75m x 2.68m
Bedroom Two: 2.32m x 2.97m
Bathroom: 2.32m x 2.74m
This property is available via online auction. Cash buyers & mortgage buyers welcome.
Why buy at auction?
Under 1% fallthrough
5 x quicker
Below market pricing
The lot is to be sold by Conditional online auction with an end date and time of 18th November 2026 at 1:30pm.
An auction buyer's fee of 4.2% (inc of VAT) subject to a minimum fee of £7,200 (inc of VAT) is payable in addition to the purchase price.
The auction will be exclusively available online via the Rocket Auctions website including the legal pack information.
The registration process is extremely simple and free. Please visit the Rocket Auctions website, and click on the 'register' button (or login - if you have already registered).
Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!
No deposit monies are required before you bid.
Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction.
The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within 10% of the guide range.
A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.
The complete legal pack would need to be inspected before an offer would be considered.
Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.
Council Tax Band: B
Tenure: Leasehold (103 years)
Ground Rent: £312.5 per year
Service Charge: £3,780 per year
Brochures
Brochure- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
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 RS1145. 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 FRASER STRETTON LTD, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call FRASER STRETTON LTD, Leicester on 0116 464 9910.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*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.