Compact, rentable flat with parking and a long lease near Leicester amenities.
- Long lease (approx. 120 years) and low ground rent (£80 p.a.)
- Allocated off-street parking to the front
- Open-plan studio with fitted kitchenette and storage
- Mid-20th-century building; double glazing installed
- All-electric heating via room heaters (no central heating)
- Timber-frame construction with partial insulation (assumed)
- Area classified as deprived; affects rental demand and yields
- Possible additional leasehold/administration fees on sale
A compact studio apartment offering straightforward rental potential close to Beaumont Leys and Leicester city centre. The flat sits on a long lease (circa 120 years) with allocated off-street parking and low annual ground rent, making it an easy-to-manage buy for a hands-off investor.
The open-plan living area includes a fitted kitchenette and a separate utility/storage space, maximising usable floor area for a single occupant or short-term let. The building dates from the mid-20th century, benefits from double glazing, and has fast broadband and excellent mobile signal — practical plus points for tenants.
Buyers should note this is an all-electric property heated by room heaters rather than central heating. The building is timber-frame with only partial insulation (assumed) and may benefit from further energy-efficiency improvements. The surrounding area is classified as more deprived, and additional leasehold costs (lease packs, admin) can be incurred at sale. These factors affect running costs and refurbishment scope but are reflected in the asking price.
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