Knighton Fields Road West
Aylestone, LE2

£575,000 Guide price
655
  • 2 Brooksby Drive, The Parade,
    Oadby, LE2 5AA
  • Sales and Lettings: 0116 366 0990
Call Us 0116 366 0990
Features

Features

  • Established Blocks of 5 Apartments
  • Ranging from 1 beds to 2 Beds
  • Sought after Location
  • Close to City Centre
  • Fully Tenanted with Ongoing Contracts
  • Revenue of £32,500 per annum
  • Double Garage inc in Sale
  • Access to All Via Private Courtyard
  • Fully Managed Apt Block
  • No Chain
  • Council Tax Band: A
Description

Description

Tenure: Freehold

***CALLING ALL INVESTORS*** Newton Fallowell have the pleasure in marketing this spacious property on Knighton Fields Road West.
Welcome to this extensive and versatile property, perfectly suited for investors looking to maximize rental income. Rupert Mews is an established block of 5 flats and a double garage all access via a courtyard and is being sold off as a freehold property with tenants in situ in all 5 apartments bringing in an annual amount of £32,100 per year.

 

 

EPC rating: D. Council tax band: A, Tenure: Freehold,

Apartments Block 1

The flats consist of 2 blocks of apartments. There are 3 flats in one block and 2 larger flats in the other.

Block 1 is storage heating throughout and has 3 flats.

There are 2 ground floor and one to the 1st floor.
There is a communal door into the tiled hallway with metre cupboard and access to Flat 1 and Flat 3.

Flat 1

Flat 1 is a duplex one bedroom, with access into the lounge with dual aspect windows and access to the kitchen, The kitchen has a range of base and wall units with work surfaces over, inset oven, electric hob and extractor above, sink and drainer with mixer tap, inset fridge-freezer, tiled floor and window to the front.

The staircase rises to the 1st floor which provides access to the double bedroom with fitted wardrobes and a four piece bathroom suite.
Current rental is £525 pcm.

Flat 3

Flat 3 is to the ground floor and has an ent hall into a shower room, with access to an open plan living kitchen and double bedroom located off.
Current rental is £525 pcm.

Flat 2

To the 1st floor is Flat 2 and has an entrance hall, 3 piece bathroom, fitted kitchen with breakfast bar, inset fridge, and washing machine, oven and hob, separate lounge and double bedroom located off.
Current rental is £595 pcm.

Apartment Block 2

The 2nd block has 2 larger flats in, one to the ground floor and one to the first floor, both have gas central heating and their own boilers.

Flat 4

There are 2 entrances to this flat. There is a door to the front of the property which is accessed via knighton fields road west which leads directly into the lounge, there is also side Access via the courtyard into its own private entrance lobby.
The apartment has a large kitchen diner, double bedroom and bathroom.
Current rental is £695 pcm.

Flat 5

This is accessed via the courtyard and has its own entrance hallway with staircase rising to the first floor, where the apartment is located. There are 2 double bedrooms, lounge, fitted kitchen and bathroom.
Current rental is £575 pcm

Rupert mews must be viewed to appreciate the condition and layout of each apartment.

Please note the courtyard does have shared access via The Conservative Club.

Notes:

We understand the property to be freehold with vacant possession upon completion. Leicester District - . Please be advised that when a property is sold, local authorities reserve the right to re-calculate the council tax band.

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Viewings are strictly by appointment only.

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In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g. Passport, driving licence, bus pass etc) and proof of address (e.g. Current utility bill, bank statement etc). You will also be asked to provide us with proof of how you will be funding your purchase. Please note that when making an offer, if you are taking out a mortgage, you will also be asked to have a no obligation chat with our 'in branch' mortgage adviser to confirm your affordability. We ask for your cooperation in this matter. We ask for your cooperation in this matter as this information will be required before a sale can be agreed.

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These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. All photographs, measurements (width x length), floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. All services and appliances have not and will not be tested by Newton Fallowell. Lease details, service ground rent are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. We retain the copyright.

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If you have a house to sell then we would love to provide you with a free no obligation valuation.

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