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Property ID: 210734398
Potential Monthly Income
£1,200
Potential Yield
9%
Tenancy status
Vacant
CapitalAppreciation
+4.5%
Exclusive Investment Grade Opportunity

Our latest listing is a 2 bedroom flat located in Leicester. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.


This well-kept home features 2 bedrooms, a bathroom, a lounge and a kitchen.


Investment Details


It currently produces an annual gross income of £13,800 for both which could be increased by the new owner to a market rate of £14,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.



Tenancy Details


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income1150/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£1150 pcm
Current Rental Yield
11.1%
Potential Market Value Rent
£1200 pcm
Potential Rental Yield
11.6%
Estimated Monthly Capital Appreciation
£469
Area Capital Appreciation Rate
+4.5%

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided to Let Property and has been Verified.

Gas Safety

Gas Safety documentation has been provided to Let Property and has been Verified.

EPC

EPC documentation has been provided to Let Property and has been Verified.

Council Tax Band

Council Tax Band: C

Interactive street-level view of the property location and surrounding area.

Ground Rent
£2
Factor Fees/Running Costs
TBC
Factor Name
unknown
Total Estimated Costs
2
EPC Rating
EPC image not availableCheck EPC documents below
EPC Documents
Floor plans
Floor plan
Offers Over
£125,000
Location
Junior St, Leicester, LE1 4QB
Bedrooms
2
Type of property
Flat

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
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Yearly Net Profit
Current Yearly Rent
£13,800
Annual Capital
Appreciation
£2,500
Yearly Ground Rent
£24
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£16,276