Brook Street, Sileby, LE12

An excellent opportunity to acquire a well-maintained ground floor apartment in the heart of Sileby village, offered with a tenant in situ and currently achieving £750 per calendar month.

This well-presented two-bedroom apartment forms part of a select development and provides straightforward, low-maintenance accommodation ideally suited to investors seeking an immediate return. At the asking price, the property delivers an attractive gross yield of approximately 7.8%.

The accommodation is accessed via a communal hallway leading into a private entrance hall. The main living space is open plan, incorporating a fitted kitchen area with built-in oven, hob and extractor, wall-mounted boiler, and space for both a fridge freezer and washing machine. Double doors open onto an enclosed courtyard, offering a pleasant and private outdoor space.

There are two well-proportioned bedrooms and a bathroom fitted with a suite including a shower over the bath. Externally, the property benefits from an allocated parking space.

The property is leasehold, with a 125-year lease commencing from 25th March 2004, and is currently let on an Assured Shorthold Tenancy, making it a ready-made investment from day one.

A full copy of the lease is available upon request. Material information include a restriction of no keeping of pets or birds without permission from the landlord.

Services: Mains water, gas, electric, drainage and broadband are connected to this property.

Available mobile phone coverage: EE (Okay) O2 (Outstanding) Three (Poor) Vodaphone (Outstanding) (Information supplied by Ofcom via Spectre)

Available broadband: Standard / Superfast (Information supplied by Ofcom via Spectre)

Potential purchasers are advised to seek their own advice as to the suitability of the services and mobile phone coverage, the above is for guidance only.

Flood Risk: Very low risk of surface water flooding / Very low risk river and sea flooding (Information supplied by gov.uk and purchasers are advised to seek their own legal advice)

Tenure: Leasehold. 125 years from 25/3/04. Ground rent £120 per annum. Service charge £1,300 per annum.

Local Council / Tax Band: Charnwood Borough Council / A (Improvement Indicator: No)

Floor plan: Whilst every attempt has been made to ensure accuracy, all measurements are approximate and not to scale. The floor plan is for illustrative purposes only.

DIGITAL MARKETS COMPETITION AND CONSUMERS ACT 2024 (DMCC ACT)
The DMCC Act 2024, which came into force in April 2025, is designed to ensure that consumers are treated fairly and have all the information required to make an informed purchase, whether that be a property or any other consumer goods. Reed & Baum are committed to providing material information relating to the properties we are marketing to assist prospective buyers when making a decision to proceed with the purchase of a property. Please note all information will need to be verified by the buyers' solicitor and is given in good faith from information obtained from sources including but not restricted to HMRC Land Registry, Spectre, Ofcom, Gov.uk and provided by our sellers.

ANTI-MONEY LAUNDERING CHECKS

 In accordance with Anti Money Laundering laws including the Proceeds of Crime Act 2002, The Terrorism Act 2000, The Money Laundering Regulations 2017 and the Bribery Act 2010 we are required to conduct anti-money laundering checks on all clients selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Hipla via their online portal once you have had an offer accepted on a property. The cost of these checks is £25 (incl. VAT) per person, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us issuing a memorandum of sale, directly to Hipla, and is non-refundable. We will receive some of the fee taken by Hipla to compensate for our role in the provision of these checks.

Lounge / Kitchen

5.7m x 4m

5.7m max x 4m max

Bedroom

3.9m x 3m

Bedroom

3.9m x 1.7m

Parking - Allocated parking