Flat for sale in Fosse Road South, Leicester LE3

No chain, vacant possession or tenant is situ. Prime residential or buy-to-let opportunity. Ground floor, one bedroom apartment in a great location, ideal for for first time buyers or investors seeking strong returns. Long lease, low service charge and ground rent

Location:
Nestled just a short stroll away from the city centre this buy-to-let gem presents a lucrative investment opportunity for those seeking a hassle-free venture with robust returns. Conveniently situated within walking distance of a plethora of local amenities, including dmu university, town centre shopping, supermarkets, leisure facilities, and verdant green spaces, this ground-floor apartment offers both convenience and comfort.

Features:
Boasting a host of desirable features, this well-maintained apartment comprises a spacious living kitchen, a cosy bedroom, a modern bathroom, and ample built-in storage. With the added perks of double-glazed windows, and electric heating, the property ensures a comfortable and economical living environment. Furthermore, its commendable Energy Performance Certificate rating of D and Council Tax Band A designation underscore its cost-effectiveness and sustainability.

Vacant possession or tenant in situ:
The apartment could make an exceptional first rung on the housing ladder for a first time buyer who will appreciate the apartments locale and amenities.

As an investment property it is currently commanding £600pcm meaning this investment promises lucrative returns of over 9%. A modest service charge of £95 per month which includes the ground rent, ensures seamless management of communal areas and grounds. Moreover, the property's leasehold tenure of 999 years, with an outstanding 982 years remaining, guarantees long-term stability without the need for renewal or extension.

Market outlook:
Capitalize on Fosse Road Souths burgeoning popularity among commuters and families, thanks to its strategic location providing easy access to the City and beyond via well-connected roadways and rail networks. Amidst a thriving rental market and favourable trends in Buy-to-Let mortgages, investing in property remains a reliable avenue for long-term stores of wealth and capital appreciation.

Don't miss out on this exceptional opportunity to secure a hassle-free investment with promising returns in Leicester's vibrant rental market. Contact us today to arrange a viewing and take the first step on the property ladder or towards building your investment portfolio.

Living kitchen: 13' 0" x 12' 4" (3.98m x 3.76m)

bathroom: 7' 4" x 4' 9" (2.25m x 1.47m)

bedroom: 10' 9" x 10' 3" (3.29m x 3.13m)