2 Bedrooms Flat for sale in Central Avenue, Leicester LE2 | £ 160,000
Overview
| Price: | £ 160,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Leicestershire |
| Town: | Leicester |
| Postcode: | LE2 |
| Address: | Central Avenue, Leicester LE2 |
| Bathrooms: | 1 |
| Bedrooms: | 2 |
Property Description
Set on the top floor of this building, this two bedroom converted loft flat has lots of room.
Located in the highly sought-after Clarendon Park area, within a short walk to the Queens Road shops, bars and restaurants and only around 10 mins walk to the University of Leicester.
*Potential 5.6% Return on capital employed gross (See investor information)
Lounge
Large spacious light lounge, decorated in neutral colours.
Kitchen
Separate kitchen comprising of electric oven & hob, fridge and washing machine.
Bedroom One
The first double bedroom is located next to the kitchen, with a slanted roof on one side of the room with velux windows bringing lots of light into the room.
Bedroom Two
Bedroom two is also a double room, decorated in neutral colours and carpeted
Bathroom
The bathroom is decorated in dark wood and tiled, comprising of toilet, sink and shower cubicle.
Dining Room
Located at the other end of the flat is a small dining room leading to the utility room.
Utility Room
The utility room houses the washing machine/dryer and has vinyl blue square flooring
Parking
There is on-road parking with this property.
Lease Details
Ground Rent tbc
Service Charges tbc
Long Lease
*Investor Information
Based on a sale at £160,000 and a rental income of £515pcm
- 75% loan assuming standard btl loan at 3% (interest only)
- Capital used £40,000 (including deposit, stamp duty and conveyancing)
- Annual pre tax profit of £2,580 = 5.6% pre tax income on capital used (these assumptions do not include service charge and ground rent estimates)
[Please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary.]
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Property Location
Property Marketed by Belvoir - Leicester Central
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