Princess Road East, Off De Montfort Street, Leicester

A Landmark Duplex Apartment with an Exceptional Seller-Funded Incentive Package Worth Up to £25,000

Guide Price: £275,000

Occupying an enviable position within Leicester's prestigious New Walk Conservation Area, overlooking the elegant De Montfort Square, this remarkable split-level duplex apartment presents a rare opportunity to acquire a home of genuine distinction.

Extending to approximately 1,399 sq ft, the property forms part of an attractive period conversion and offers an exceptional combination of generous living space, original character, architectural charm and modern practicality. Unlike a typical city-centre apartment, this impressive residence is arranged over two floors, creating the feel and proportions of a private home whilst enjoying the convenience of an exclusive apartment setting.

To further enhance this unique opportunity, the vendor is also offering an exclusive seller-funded incentive package worth up to £25,000, designed to significantly reduce the initial costs of ownership for the successful purchaser.

Exclusive Seller-Funded Buyer Incentive Package

For a purchaser proceeding at the full asking price of £275,000, and subject to contract, solicitor approval, lender approval (where applicable) and completion of the necessary legal documentation, the vendor proposes to provide a buyer incentive package with a total value of up to £25,000.

Up to 10 Years' Service Charge Paid by the Vendor

The vendor proposes to fund up to 10 years of service charge payments in advance, based on the current annual service charge of approximately £2,000 per annum.

This represents a potential contribution of up to £20,000, intended to be paid directly to the landlord, management company or managing agent upon completion, subject to confirmation that such an advance payment can be accepted and correctly allocated to the property's service charge account.

By substantially reducing one of the principal ongoing ownership costs, this contribution offers valuable financial certainty and enhanced affordability during the early years of ownership.

Up to £5,000 Towards Legal and Moving Costs

In addition, the vendor proposes to contribute up to £5,000 towards the purchaser's reasonable conveyancing fees and moving expenses, subject to contract, solicitor approval, lender approval where required, and satisfactory evidence of qualifying costs.

Collectively, these incentives provide a potential seller-funded support package worth up to £25,000, making this an outstanding opportunity for buyers seeking both an exceptional home and meaningful financial assistance.

A Duplex Residence with the Character and Proportions of a House

This is far more than a conventional apartment.

Beautifully arranged over two floors, the accommodation offers a natural separation between living and bedroom spaces, creating a layout more commonly associated with a townhouse than a city apartment. With approximately 1,399 sq ft of internal accommodation, the property is considerably larger than many comparable two-bedroom apartments available locally, providing an impressive sense of space, versatility and comfort.

The elegant split-level design, generous room proportions and attractive period features combine to create a home of genuine individuality. Whether entertaining guests, working from home or simply enjoying everyday living, the apartment offers an exceptional balance of character, privacy and practicality.

Opportunities to acquire a duplex apartment of this scale, within one of Leicester's most desirable conservation areas and complemented by such a significant vendor-funded incentive package, are exceptionally rare.

Important Notice

The proposed seller-funded buyer incentive package is strictly subject to contract, solicitor approval, lender approval where applicable, confirmation from the landlord, management company or managing agent, and final legal documentation.

The proposed service charge support is based on the current annual service charge level of approximately £2,000 per annum and would be capped at up to £20,000.

The proposed contribution towards conveyancing and moving expenses would be capped at up to £5,000.

No incentive payment is guaranteed unless and until formally agreed within the legal contract and completion arrangements.

Yard

Terrace Area

Parking - Secure gated

Underground Secure Gated Parking For 1 Vehicle

Disclaimer

Disclaimer

Money Laundering Regulations: Buyers will be required to provide identification documents once an offer is accepted to complete anti-money laundering (AML) checks. A fee applies per person.

Property Details: The information provided does not form part of an offer or contract.

Measurements: All measurements are approximate and for guidance only. Buyers should verify dimensions before incurring costs.

Appliances and Services: Sheldon Bosley Knight has not tested any appliances, fixtures, fittings, or services. Buyers should satisfy themselves as to their condition and operation.

Legal Title: Sheldon Bosley Knight has not verified the property's legal title. Confirmation should be obtained through your solicitor.

Future Development & Planning: Sheldon Bosley Knight cannot comment on future development of neighbouring land. Buyers should make their own enquiries regarding any current or proposed planning applications that may affect the property or surrounding area.