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HAMILTON, LEICESTER

Guide price £96,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page Leasehold SSTC
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  • 1 bedroom
  • 1 bathroom
  • 1 reception

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Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

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Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

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Features

  • *INVESTMENT PROPERTY FOR SALE*
  • *GROSS ANNUAL RENT £6,600, POTENTIAL GROSS YIELD 6.95%*
  • *COMMUNAL ENTRANCE AND LANDING*
  • *ELECTRIC HEATING AND DOUBLE GLAZING, HALL, LOUNGE, FITTED KITCHEN, DOUBLE BEDROOM AND BATHROOM*
  • *COMMUNAL GROUNDS, SECURE GATED CAR PARKING AREA*

Nearest Stations

  • Syston Rail Station - 2.5 miles
  • Leicester Rail Station - 3.2 miles
  • Sileby Rail Station - 5.3 miles
  • South Wigston Rail Station - 6.1 miles
*INVESTMENT PROPERTY FOR SALE* *GROSS ANNUAL RENT £6,600, POTENTIAL GROSS YIELD 6.95%* *COMMUNAL ENTRANCE AND LANDING* *ELECTRIC HEATING AND DOUBLE GLAZING, HALL, LOUNGE, FITTED KITCHEN, DOUBLE BEDROOM AND BATHROOM* *COMMUNAL GROUNDS, SECURE GATED CAR PARKING AREA*
Modern 1 bedroom first floor apartment FOR SALE AS AN INVESTMENT PROPERTY with existing tenants in situ on an AST. Gross rent PA £6,600 Gross yield potential 6.95%. Electric heating, UPVC double glazing, communal hallways, entrance hall, open plan living room and fitted kitchen, double bedroom and bathroom. Communal grounds and secure car parking with allocated space.

COMMUNAL HALLWAY, STAIRS AND LANDING

ENTRANCE HALL with entrance door, intercom system, two fitted storage cupboards and an electric heater.

LOUNGE with double opening doors to front and Julliet Balcony, electric heater, laminate flooring, downlights, archway to:-
KITCHEN with a range of wall and base units, work surfaces, stainless steel sink top, integrated electric hob and electric oven below, stainless steel splash back with cooker hood above, integrated dishwasher, space for fridge freezer and washing machine.

DOUBLE BEDROOM with window to front, laminate flooring and an electric heater.

BATHROOM with white suite comprising panelled bath with shower over, washbasin with storage cupboard below and w.c., part tiled walls, tiled flooring and extractor fan.

OUTSIDE Gated entrance driveway. One allocated parking space.

GENERAL INFORMATION VIEWING: Strictly by appointment with Shouler & Son, County Chambers Kings Road, Melton Mowbray, Leicestershire, LE13 1QF. Tel:- 01664 560181

TENURE: Leasehold. 155 year lease from 2005. Current service charge is £97 per calendar month. There is a Home Ground Rent of £150 per annum and a Green Belt charge of approx £100 per annum. The service charge includes Buildings Insurance, Cleaning of communal areas, garden and landscape management, monthly window cleaning, communal lighting and all general repairs and maintenance to the building and grounds.

TENANCY: The flat is currently let by Shoulers on an AST at £550 PCM giving a gross yearly rent of £6,600. We are selling the flat for the current owner with the tenancy in place, therefore not with vacant possession. SERVICES: Mains electricity, water and drainage.

DIRECTIONS: From Thurmaston Lane take Sandhills Avenue and continue straight ahead at both traffic islands. Take the fifth turning on the left into Hornby Road and left again into Birkby Close, the block will be found on the left hand side.

DISCLOSURE: Under section 21 of The Estate Agents Act, we are obliged to disclose that the seller is a relation of a staff member.
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