Summary -
102 ANDREWES STREET,LEICESTER,LE3 5PA
LE3 5PA
1 bed 1 bath Ground Flat
- **Currently tenanted until April 2026 at £700/month**
- **Ground floor, 1-bedroom flat with spacious living areas**
- **89 years remaining on the lease; service charge £71.36/month; ground rent £10/year**
- **Convenient city center location with excellent transport options**
- **Off-street parking available; double glazing and central heating throughout**
- **Potential maintenance needs due to age; above-average crime rate in the area**
- **Close to well-rated schools**
Discover a fantastic investment opportunity with this spacious ground floor one-bedroom flat, ideally situated for easy access to the vibrant city center. Currently tenanted at £700 pcm until April 2026, this property ensures a reliable income stream for future buyers. Enjoy the benefits of a contemporary living room, well-equipped kitchen, and a private entryway, complemented by off-road parking, double glazing, and central heating throughout.
With an 89-year lease remaining, the property does have associated running costs including a service charge of £71.36 monthly and a nominal ground rent of £10 yearly. While the building is in good condition, potential investors should be aware of the slightly above-average crime rate in the area and consider any necessary maintenance due to its mid-20th century design. Families will appreciate the proximity to several reputable schools, including outstanding-rated institutions.
Don’t miss out on this opportunity; properties in this desirable cosmopolitan neighborhood are rare and can provide both comfort and exceptional rental potential.
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