Description:

Kal Sangra - Shonki Brothers Ltd are pleased to offer three one bedroom investment flats situated in an established residential location in Leicester, close to the popular Cultural Quarter area. The flats are ideally located and benefit from being within walking distance to the city centre thus making it an ideal investment opportunity. Each flat comprises of entrance hall, bedroom, lounge/kitchen and bathroom and benefits from intercom entry system, gas central heating and uPVC double glazing.

Each flat is currently tenanted on various Assured Shorthold Tenancy agreements ranging from £475.00 - £500.00 per calendar month (£5,925 - £6,000 pax).

Directions

The property is located near to the popular Cultural Quarter area of the city centre, close to the Phoenix Arts Centre, The Curve Theatre and Athena venues. The property is ideally located within 2 minutes walking distance to the high street, Leicester train station and Granby Street, where a mixture of amenities, retail shops and restaurants can be found.

Accommodation

All measurements are approximate:

Flat 1: 28'03' (8.61m) x 15'28' (4.65m) + Kitchen 11'03' (3.43m) x 5'66' (1.70m): 1 bedroom studio flat with entrance hall, open plan lounge, fully fitted kitchen with integral dishwasher, fridge freezer and electric cooker connection, bedroom, bathroom and benefitting from uPVC double glazing, laminated flooring, TV point, and gas central heating radiators.

Flat 2: 21'65' (6.6m) + 13'89' (4.19m) x 8'1' (2.46m): 1 bedroom flat with entrance hall, open plan lounge and fully fitted kitchen area with integral dishwasher, fridge freezer and electric cooker connection, separate white bathroom suite comprising bath with overhead shower, pedestal wash hand basin and w.c. and benefitting from uPVC double glazing, laminated/part lino flooring in places, spotlights, TV point, and gas central heating radiators.

Flat 14: 1 bedroom flat with uPVC double glazing, gas central heating and entrance hall leading to:

Lounge/Kitchen - 9'74' (2.92m) x 23'49' (7.14m): with open plan lounge area, fully fitted kitchen with wall/base units with worktops over, integral dishwasher, fridge/freezer and electric cooker connection, laminated flooring, spotlights over kitchen area, and gas central heating radiators.

Bedroom - 9'34' (2.82m) x 9'62' (2.93m): with window to the front elevation, laminated flooring, gas central heating radiator, and numerous electrical sockets.

Bathroom - 7'25' (2.21m) x 5'70' (1.74m): white bathroom suite comprising part-tiled walls, laminated flooring, bath with overhead Triton Electric shower, pedestal wash hand basin, w.c., and heated towel rail.

Services:

Mains services are connected to the properties. The services, fittings and appliances have not been tested by the selling agents.

Tenure:

We have been advised that the properties are available leasehold on a 125 year lease from 2006. We understand that the annual service charge is £500.00 per annum which includes insurance and ground rent.

Tenancies:

Flat 1: The property is currently tenanted on an unfurnished 6 month Assured Shorthold Tenancy (AST) agreement from 01.02.16 - 31.07.16 at £475.00 per calendar month for 3 months and then £500.00 per calendar month thereafter (£5,925 pax).

Flat 2: The property is currently tenanted on an unfurnished 12 month Assured Shorthold Tenancy (AST) agreement from 03.11.15 - 02.11.16 at £475.00 per calendar month for 3 months and then £500.00 per calendar month thereafter (£5,925 pax).

Flat 14: The property is currently tenanted on an unfurnished 6 month Assured Shorthold Tenancy (AST) agreement from 16.11.15 - 15.05.16 at £500.00 per calendar month (£6,000 pax).

Council Tax

The properties fall within Council Tax Band 'A' which is £1,028.25 for the year 2015/16.

Energy Performance Certificate

Flat 1 has an energy performance rating of 51 - Band E.
Flat 2 has an energy performance rating of 48 - Band E.
Flat 14 has an energy performance rating of 61 - Band D.

Viewing

By appointment through the sole selling agent.

Disclaimer

Important Information:

All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Shonki Brothers Ltd or its employees or agents.

Neither Shonki Brothers Ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.

The premises detailed in these particulars are offered subject to them not having been let, sold or withdrawn and Shonki Brothers Ltd will accept no liability for consequential loss arising from these particulars or any negotiations in relation thereto.

Health & Safety:

You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.