Summary - 20 SPINNEY CLOSE GLEN PARVA LEICESTER LE2 9NJ
1 bed 1 bath Studio
Well-presented studio with parking, long lease and strong 6.2% yield—ideal FTB or investor..
Ground-floor studio with open-plan lounge/bedroom and separate kitchen
Allocated off-street parking and communal gardens
UPVC double glazing and current electrical certificate
Long lease: 954 years remaining; peppercorn ground rent
Service charge £75 pcm (approx £900 pa)
Electric storage heating and all-electric fuel—potentially higher bills
Chain-free sale, ideal for first-time buyers or buy-to-let investors
Compact footprint; limited internal space and storage
A smartly presented ground-floor studio offering straightforward, low-maintenance living in Glen Parva. The open-plan lounge/bedroom, separate kitchen and bathroom suit a first-time buyer or buy-to-let investor seeking immediate rental income; the listing currently advertises a 6.20% yield. The apartment benefits from allocated off-street parking, communal gardens, UPVC double glazing and a current electrical certificate, and is sold with no onward chain.
Practicalities are favourable: a very long lease (954 years remaining), peppercorn ground rent and a below-average service charge of £75 pcm. Heating is via electric storage heaters and the property runs on electricity, which keeps installation simple but may mean higher running costs compared with gas-heated homes. Council tax is very cheap and local crime levels are low.
Location is convenient for commuters and amenity-seekers: easy road links to the motorway network, close to Fosse Park and regular buses to Leicester city centre. The building backs onto the Great Central Way, offering pleasant nearby walking routes. The compact layout means limited space for storage and living; prospective buyers should view to judge suitability and are advised that this is a studio rather than a one-bedroom flat.
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