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SellMyHome.co.uk - Leicester

SellMyHome are proud to present to market this fantastic Studio apartment located in the heart of Leicester City. This student development is not one to be missed and perfect for investors! The property is fully managed and ideal turnkey investment currently achieving approximately 10% yield. Primus Edge is ideally located close by to De Montfort University & Leicester Royal Infirmary with a short distance to Leicester City Centre, Leicester University & Leicester Train Station. The property further benefits from a long lease and guaranteed rental income from students which is currently let until September 2025. Please contact SellMyHome to book your viewing appointment! Tenure: Leasehold Lease Length: 244 Years Remaining Service Charge: £1,880.89 per annum Ground Rent: £250 per annum Management Fee: 4% All details above are approximate and should be checked via your solicitors.

Property reference 32071564. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by SellMyHome.co.uk - Leicester.

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 Mobile phone signal availability and predicted strength

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Primus Edge, Atkins Street, Leicester, LE2

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

Ground rent is paid under the terms of a lease to the owner of the land on which the property is built. If you do not know the ground rent, review period & conditions of review, you will be unaware of the additional costs that you may have to pay. These charges may also increase. Ground rent will not be charged for new leases granted from 30 June 2022 in England and Wales.

Ground rent

Service charges are the contribution towards the maintenance of shared amenities. If you do not know the amount, review period and conditions of review you will be unaware of the additional costs that you may have to pay. These charges may also increase.

Service charge

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

1 bedroom flats for sale in Leicestershire

Yes, very worried

Yes, slightly concerned

No, I’m sure it will be fine

No, I have a mortgage Agreement in Principle already

No, because I don’t need a mortgage to buy a property

I’ve not thought about it yet

Within the next 3 months

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Flat on 2 Atkins Street for sale

1 bedroom flat for sale

The Children's Hospital School

Hazel Community Primary School

Beauchamp City Sixth Form

I am a first-time buyer

I have a property to sell

I have a property to let

I am an investor

I have recently sold

Other

ASAP

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3-6 months

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Leicester

Leicester North (Great Central Railway)

South Wigston

SellMyHome are proud to present to market this fantastic Studio apartment located in the heart of Leicester City.This student development is not one to be missed and perfect for investors!The property is fully managed and ideal turnkey investment currently achieving approximately 10% yield.Primus...

1 bedroom flat for sale

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