Summary - APARTMENT 9, 190, SANDHILLS AVENUE, LEICESTER, HAMILTON LE5 1PL
2 bed 2 bath Flat
Long-term tenant producing attractive rental income and allocated parking.
Allocated off-street parking included for one vehicle
Long-term tenant in situ with consistent rent payments
Current gross income £10,200; approx. 8.5% gross yield
Leasehold with 92 years remaining — check lease terms
Buyers Premium applies on sale — additional purchase cost
Modern open-plan living, ensuite plus three-piece bathroom
City location with easy access to shops, schools, transport
Area records higher crime rates — consider management/insurance
This two-bedroom leasehold apartment in Sandhills Avenue is presented as a buy-to-let opportunity with a long-term tenant in situ. The property occupies an average-sized footprint (689 sq ft), offers an open-plan living area, ensuite plus a three-piece bathroom, and comes with allocated off-street parking — features that support steady rental demand in this city location.
Financially the flat currently produces a gross annual income of £10,200, representing an approximate gross yield of 8.5% at the asking price of £120,000. The tenant has a reliable payment history and intends to remain, so rental continuity can be expected immediately after completion — attractive for investors seeking near-term income.
There are important material points to note: the property is leasehold with 92 years remaining, and a Buyers Premium will apply on purchase. The wider area records higher crime levels and sits within a multicultural, young-community classification; these factors may influence tenant profiles and insurance or management costs.
Overall, this modern, well-kept apartment is best suited to investors or developers seeking an income-producing addition to a portfolio. It offers straightforward management potential but requires careful due diligence on lease terms, service charges, and local risk factors before purchase.
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