Stoneygate Road, Leicester

INVESTMENT OPPORTUNITY – TENANT IN SITU | £600 PCM RENTAL INCOME
Located within the sought-after and leafy suburb of Stoneygate, this ground floor studio apartment represents an attractive opportunity for investors seeking an income-producing property with a tenant already in situ.
The property is currently achieving £600 per calendar month (£7,200 per annum), providing an immediate rental income stream. Available to investors only and offered with the existing tenant in situ.
The accommodation comprises an entrance lobby, a fitted shower room, a bright open-plan living, dining and kitchen area, together with a separate sleeping area with useful storage.
The property is leasehold with a share of the freehold.
The development benefits from a communal parking area to the front, available on a first-come, first-served basis. The property also benefits from a sole-use recently refurbished single garage at the rear.
There is also plentiful street parking available nearby.
Excellent Stoneygate Location
The property is well positioned for Leicester City Centre, the University of Leicester, Leicester Royal Infirmary and Leicester General Hospital.
Victoria Park is within walking distance, while the popular shopping parades of Stoneygate and nearby Clarendon Park are also close at hand, offering a variety of independent shops, cafés, restaurants and everyday services.
Information
Council Tax Band: B Leicester City Council
EPC rating: 64 D
Service Charge: £1320
Tenure: Leasehold with a share of the Freehold
Lease: 999 years from 26 August 1982
No ground rent
Broadband Speed: Standard 17 Mbps - Superfast 80 Mbps - Ultrafast 1000 Mbps
Free Property Valuation
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Anti-Money Laundering Regulations
In accordance with current Anti-Money Laundering Regulations, prospective purchasers will be required to provide proof of identity and address during the sales process. A non-refundable administration fee of £25 inclusive of VAT per purchaser is payable upon acceptance of an offer. This fee covers the costs associated with our compliance procedures, including Anti-Money Laundering and identity verification checks.
Your cooperation will help avoid any delays in progressing the transaction.
Property Details
These particulars are intended as a guide only and are believed to be accurate at the time of publication. They do not form part of any offer or contract. Interested parties should satisfy themselves as to the accuracy of all information, including measurements, descriptions, and property features, by inspection or through their own professional advisers.
Measurements
All room dimensions and floor areas are approximate and provided for guidance only. They should not be relied upon for carpets, furnishings, or other purposes.
Services & Appliances
We have not tested any services, systems, appliances, or equipment within the property. Buyers are advised to arrange appropriate inspections or surveys to verify their condition and suitability before exchange of contracts.
Disclaimer
These particulars are provided in good faith but should not be relied upon as statements or representations of fact. Prospective purchasers should carry out their own due diligence and obtain independent professional advice where necessary. Neither the seller nor the estate agent accepts responsibility for any inaccuracies or omissions.
Off Street
The property benefits from a recently refurbished single garage for sole use, located to the rear of the development.There is also communal parking to the front of the property, available on a first-come, first-served basis, together with plentiful on-street parking nearby.