2 bedroom apartment for sale
Key information
Property description & features
- Prime Town Centre Location: Situated in the heart of Loughborough, close to shops, cafes, restaurants, and excellent transport links.
- Two Bedrooms: Each bedroom features UPVC double glazed windows and storage heaters.
- Open Plan Living: A bright living area connected to a modern kitchen with quality appliances and granite effect work surfaces.
- Contemporary Bathroom: Includes a panelled bath, pedestal wash hand basin, close coupled WC, and tiled surrounds.
- Long Lease: 975 years remaining, providing a secure, long term ownership opportunity.
- No Upward Chain: Ready for immediate occupancy for convenience and ease.
- Dedicated Parking: Comes with an allocated parking space in a central location.
- Investment Potential: Previously achieved a 7% rental yield, with strong tenant demand in Loughborough's rental market.
- Peaceful Setting: Located in Sovereign Court, combining central convenience with a well maintained environment.
- Versatile Appeal: Suitable for first time buyers, professionals, or investors looking to expand their portfolios.
This property is perfect for both homeowners and investors, offering two double bedrooms, an open-plan kitchen and living area, and a well-equipped bathroom. With no upward chain and a long lease of 975 years remaining (originally granted for 999 years from 1st October 2000), this apartment is ready for immediate occupancy and represents a secure, long-term investment.
Key Features:
Entrance Hall: Provides access to all rooms and features a storage heater, along with a storage cupboard fitted with built-in shelving for convenience.
Living Room: Bright and welcoming, with a UPVC double-glazed window to the front and a storage heater.
Kitchen: Includes modern wall and base units, an inset sink, a built-in Hotpoint oven, induction hob with extractor hood, tiled surround, granite-effect work surfaces, and a storage heater.
Two Double Bedrooms: Both bedrooms offer practical living space, each with a UPVC double-glazed window to the front and a storage heater.
Bathroom: Fitted with a panelled bath, close-coupled WC, pedestal wash hand basin, tiled surround, and an electric heater.
Dedicated Parking: Includes one allocated parking space, a sought-after feature in this central location.
Investment Potential:
This property is a highly attractive option for investors, positioned within Loughborough’s thriving rental market. Previously achieving a 7% rental yield and benefiting from strong tenant demand, it offers consistent and lucrative returns.
Prime Location:
Sovereign Court is located in the heart of Loughborough, combining the convenience of town-centre living with the peace of a well-maintained development. The property is within easy reach of shops, restaurants, cafes, and excellent transport links, making it an appealing choice for both residents and tenants.
Leasehold details:
975 years remaining
Ground rent: £50 per annum
Current Service charges £1168 per annum
Viewing is highly recommended – contact us today.
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Property reference LOU240283. 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 Leaders - Loughborough.
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Broadband availability and predicted speed: obtained from Ofcom on September 14, 2022
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on September 14, 2022
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: obtained on August 27, 2015 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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