No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Agin Court
Investment Opportunity
EE Rating
Guide price£1,200,000
Added > 14 days

14 bedroom apartment for sale

Charles Street, Leicester
Save
Apartment
14 bed
0 bath

Key information

Tenure: Leasehold | 120 yrs left
Council tax: Band D
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (120 years remaining)
An exciting opportunity to purchase an investment portfolio of 7 apartments currently each let on Assured Shorthold Tenancies with an annual rent passing of £85,000 per annum (£7085 per month).

Situated in the heart of Leicester City in a purpose built block of apartments. All apartments are two bedrooms and vary on which floor they are located on within the building.

The properties are currently held in an investment company and it is the intentions of the vendors to sell 100% of the share capital of this Limited Company.

Further details of the apartments and the investment company available from the selling agents along with EPC and Council tax information.

Location - Agin Court is situated on Charles Street in the heart of the new Cultural Quarter. Just five minutes walk from both the mainline railway station and short walk to the Highcross shopping centre with its anchor John Lewis store, it's surrounded by theatres, cinema, restaurants and reaps all the benefits of living in the heart of the City.

Apartments - The portfolio includes 7 two bedroomed apartments situated within the building. Further details of each property and location within the building available via the selling agent.

Leases - The properties are each subject to a lease of 125 years with 120 years remaining. Details of ground rents and service charges available via the selling agents. Each property is also let under Assured Shorthold tenancies, again further details from the selling agents.

Method Of Sale - The properties are currently held in a private limited company at it is the intention of the vendors to sell 100% of the share capital of this company.

Energy Performance Rating - Six of the properties have a B rating EPC and the remaining property has a C classification.

Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed.

Council Tax Banding - All seven properties have a council tax banding of D

Appraisals & Surveys - If you have a house to sell then we offer a free valuation, without obligation.

Andrew Granger & Co undertake all types of Valuations including R.I.C.S. Homebuyer Survey and Valuation Reports, Valuations for probate, capital gains and inheritance tax purposes and Insurance Valuations. For further information contact our Surveying Department on[use Contact Agent Button].

Property information from this agent

Places of interest

    With a staff of over 40, we enjoy a reputation for professional service backed up by the reassurance of a BSI 9001 Quality Assurance system, which is externally audited on a regular basis. In addition, we are now members of the Estate Agents’ Ombudsman Scheme, which provides our clients with independent assurance of our service.We are regulated by the Royal Institution of Chartered Surveyors to carry out General Insurance Mediation Activity. If you have any questions or comments, please do not hesitate to contact a Partner at the relevant office. Contact details can be found in meet the team. As part of our commitment to a quality service, we offer a complaints handling service in accordance with the provisions of the RICS; details of which can be provided on request.

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    Property reference 32769272. 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 Andrew Granger & Co - Leicester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.