Summary - FLAT 3, 35 WATKIN ROAD LE2 7AH
2 bed 1 bath Apartment
Chain-free, long lease duplex — ideal for first-time buyers or investors seeking strong rental yield.
Duplex layout with open-plan living and two balconies
A bright duplex apartment arranged over two floors, offered chain free with a long lease (134 years). The first floor provides a generous open-plan living, kitchen and dining area with two balconies; the ground floor houses two double bedrooms, the main with an en-suite, and a three-piece bathroom. At about 528 sq ft this is a compact, well-presented urban home suited to buyers seeking low-maintenance city living or landlords targeting reliable rental demand.
Financially this unit presents clear investor appeal: a marketed potential rent of £1,100pcm gives an indicative yield of around 8.8% at the asking price. Service charge and ground rent apply (approx. £2,563.56 yearly service charge; £200 ground rent), and council tax is band D. The apartment is electrically heated with room heaters, so running costs can be higher than gas-heated alternatives.
Practical positives include double glazing, modern fixtures, secure intercom access and quick access to the city centre, rail station and the three Leicester hospitals. The property is leasehold and constructed post-2012, so major structural work is unlikely, but buyers should note the apartment’s relatively small overall size and single main bathroom when assessing suitability.
Overall this is a compact, contemporary duplex that suits first-time buyers seeking a city-base or investors looking for a ready-to-let flat. Be aware of service charge and electric heating costs when calculating ongoing expenditure and yield expectations.
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