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Stoneygate Road, Pollard Court, LE2

Key features

  • Investment Opportunity – Investors Only
  • Tenant in Situ
  • Ground Floor Studio Apartment
  • Highly Sought-After Stoneygate Location
  • Bright Open-Plan Living & Kitchen Area
  • Separate Sleeping Area
  • Single Garage
  • Communal Parking – First Come, First Served
  • Leasehold with a Share of the Freehold
  • Convenient for Leicester City Centre & University of Leicester

Description

INVESTMENT OPPORTUNITY – TENANT IN SITU | £600 PCM RENTAL INCOME

Located within the sought-after and leafy suburb of Stoneygate, this ground floor studio apartment represents an attractive opportunity for investors seeking an income-producing property with a tenant already in situ.

The property is currently achieving £600 per calendar month (£7,200 per annum), providing an immediate rental income stream. Available to investors only and offered with the existing tenant in situ.

The accommodation comprises an entrance lobby, a fitted shower room, a bright open-plan living, dining and kitchen area, together with a separate sleeping area with useful storage.

The property is leasehold with a share of the freehold.

The development benefits from a communal parking area to the front, available on a first-come, first-served basis. The property also benefits from a sole-use recently refurbished single garage at the rear.

There is also plentiful street parking available nearby.

Excellent Stoneygate Location

The property is well positioned for Leicester City Centre, the University of Leicester, Leicester Royal Infirmary and Leicester General Hospital.

Victoria Park is within walking distance, while the popular shopping parades of Stoneygate and nearby Clarendon Park are also close at hand, offering a variety of independent shops, cafés, restaurants and everyday services.

Information

Council Tax Band: B Leicester City Council
EPC rating: 64 D
Service Charge: £1320
Tenure: Leasehold with a share of the Freehold
Lease: 999 years from 26 August 1982
No ground rent
Broadband Speed: Standard 17 Mbps - Superfast 80 Mbps - Ultrafast 1000 Mbps


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Anti-Money Laundering Regulations

In accordance with current Anti-Money Laundering Regulations, prospective purchasers will be required to provide proof of identity and address during the sales process. A non-refundable administration fee of £25 inclusive of VAT per purchaser is payable upon acceptance of an offer. This fee covers the costs associated with our compliance procedures, including Anti-Money Laundering and identity verification checks.

Your cooperation will help avoid any delays in progressing the transaction.

Property Details

These particulars are intended as a guide only and are believed to be accurate at the time of publication. They do not form part of any offer or contract. Interested parties should satisfy themselves as to the accuracy of all information, including measurements, descriptions, and property features, by inspection or through their own professional advisers.

Measurements

All room dimensions and floor areas are approximate and provided for guidance only. They should not be relied upon for carpets, furnishings, or other purposes.

Services & Appliances

We have not tested any services, systems, appliances, or equipment within the property. Buyers are advised to arrange appropriate inspections or surveys to verify their condition and suitability before exchange of contracts.

Disclaimer

These particulars are provided in good faith but should not be relied upon as statements or representations of fact. Prospective purchasers should carry out their own due diligence and obtain independent professional advice where necessary. Neither the seller nor the estate agent accepts responsibility for any inaccuracies or omissions.

 


EPC Rating: C

Parking - Off street

The property benefits from a recently refurbished single garage for sole use, located to the rear of the development.

There is also communal parking to the front of the property, available on a first-come, first-served basis, together with plentiful on-street parking nearby.

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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
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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Stoneygate Road, Pollard Court, LE2

Approximate location

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Affordability

Monthly repayments£403
Property: £ 80,000
Deposit: £ 8,000
Interest rate: 5.36%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Focus Property Sales and Management, Leicester

115 Clarendon Park Road, Leicester, LE2 3AH

Thank you for taking the time to visit our page here at Focus Property Sales & Management.

With more than 50 years combined experience we believe that we know what is important and how best to help our clients. Whether you are looking to buy your first home or moving on to your next, we will ensure that the process is explained from the outset, clients? expectations are set and we will stick to our promises.

If you are looking to rent or if you are a landlord, our lettings team can help with everything you may need. Tenants can sit back and relax while we work to ensure a smooth viewing to move in and beyond.

Having worked with individual investors for more than 20 years we can offer help, from sourcing the next property for your portfolio through to renovation and of course finding the best tenants. If you already have a portfolio, when was it last reviewed to check the rents meet with the current markets? By helping our landlords achieve the best rental figures we, more often than not, cover our own management fees.

We have combined good, old-fashioned values with state-of-the-art technology to bring you the best experience possible.

Our viewing team will ensure that properties are shown in the best light and that we are there to give honest and unbiased advice to tenants and buyers alike.

In short, our ethos is that we care about what we do. As a small company, we are able to offer the individual attention to each and every property and customer. Our goal is to make your experience happy and stress-free.

Contact us now for an informal chat about how best we can help you achieve your goal.

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Disclaimer - Property reference 67de7715-e23b-4aff-9ea6-324ca69b4824. 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 Focus Property Sales and Management, 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.

*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.