Flat for sale on

Rutland Street

City Centre, Leicester, LE1

Tenure: Leasehold

We are delighted to present this well-maintained and attractively finished one-bedroom apartment situated within Leicester’s vibrant City Centre. Set within the beautifully converted Victorian section of the development, the property showcases charming period features throughout. The apartment benefits from secure entry into the building, modern electric storage heating, and tasteful décor, making it an ideal home or investment opportunity. Perfectly positioned in the heart of the Cultural Quarter, it offers effortless access to the city’s array of shops, cafés, bars, and restaurants.

OPEN-PLAN LIVING AREA

A bright and welcoming open-plan living space incorporating a modern, fully fitted kitchen. The kitchen area is finished with tiled flooring and includes an electric hob and oven, extractor fan, integrated fridge/freezer, dishwasher, and washing machine.

BEDROOM

A generously sized double bedroom, neutrally decorated and carpeted, offering ample room for personal belongings and additional storage.

STORAGE SPACE/ROOM

In addition to the main accommodation, the property benefits from a versatile second room, often used as a study or for extra storage. This space provides valuable flexibility to suit a range of needs.

BATHROOM

A contemporary bathroom fitted with a three-piece suite, including a shower over the bath, w/c, and washbasin.

Investor Information:

Based on a sale at £90000 and a rental income of £750pcm                                          

75% loan assuming standard BTL loan at 3% (interest only)                                        

Capital used £28450 (including deposit, stamp duty and conveyancing)               

Annual pre tax profit of £4525 = 14.6% pre tax income on Capital used                

[Please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary.]

EPC rating: C. Council tax band: B, Tenure: Leasehold, Annual ground rent: £234, Annual service charge: £2216,