Summary - APARTMENT 115, ALEXANDRA HOUSE, 47, RUTLAND STREET LE1 1SQ
2 bed 2 bath Flat
Turnkey buy-to-let with long lease, parking and steady rental income.
Long lease remaining — c.102 years
Let producing £975 pcm, tenants in situ
24-hour secure valet parking for one car
Modern fitted kitchen with integrated appliances
Electric storage heaters; main fuel is electricity
Service charge £4,495 pa (above average)
EPC rating C; double-glazed throughout
Located in high-crime, deprived city-centre area
A well-located two-bedroom apartment in a converted Victorian building, currently let and producing reliable rental income. The open-plan living area includes a modern fitted kitchen with integrated appliances; bedroom one has an en-suite and a balcony. The building has double glazing and an EPC rating of C.
This property is offered with tenants in situ generating £975 pcm and benefits from secure 24-hour valet parking. The long lease (circa 102 years remaining) and central location close to Leicester Railway Station make it straightforward for a buy-to-let investor or a purchaser seeking immediate rental return.
Buyers should note practical costs and local context: a high annual service charge (£4,495) and electric storage heating are in place, and the property sits in an area with elevated crime and relative deprivation. These factors affect running costs and tenant demand but are offset by city-centre convenience, good broadband and excellent mobile signal.
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