We are acting in the sale of the above property and have received an offer of £85,000 on the above property. Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place.
Offered to the market at an asking price of £80,000, this beautifully presented two-bedroom ground floor apartment is situated on Hotoft Road in Leicester, a popular and well-established residential area. Ideal for first-time buyers, investors or those looking to downsize, the property boasts comfortable living spaces and is ready to move straight into.
The apartment features a bright and airy lounge, perfect for relaxing or entertaining guests. The kitchen is well-appointed with practical storage solutions including a useful store cupboard. There are two good-sized bedrooms and a bathroom with a three-piece suite. Electric heaters provide warmth throughout the property, and the overall layout offers a sense of ease and convenience with everything arranged on the ground level.
This property is Leasehold, with a term of 125 years from 11 May 1983, leaving approximately 82 years remaining on the lease. Communal parking is available for residents, and the flat falls under Council Tax Band A, making it a cost-effective option for affordable living. The EPC rating is 50E.
Located in a convenient part of Leicester, the property is within close proximity to a range of everyday amenities. Several supermarkets, including Tesco Express and Lidl, are within a short drive or walking distance, making daily shopping trips effortless. Families with children will appreciate access to local schools such as Taylor Road Primary School and Crown Hills Community College, both highly regarded within the area.
Leisure and recreational amenities are also close by, including leisure centres and green spaces ideal for outdoor activities. Health services including nearby GP practices and pharmacies provide peace of mind, while Leicester Royal Infirmary is just a short drive away. Commuters will benefit from easy access to Leicester Train Station, just around three miles from the property, offering direct routes to major cities including Birmingham and London. East Midlands Airport is roughly a 40-minute drive, catering to both domestic and international travel requirements.
Internal viewing is highly recommended to fully appreciate the value and comfort this apartment has to offer. Located in a thriving residential location with strong transport links and essential services nearby, it presents an excellent opportunity for a range of buyers.
Property Reference MER-1JQC15Y52KY
Tenure: Leasehold
*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.
The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.
Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.
Remember, your home may be repossessed if you do not keep up repayments on your mortgage.
| Tax Band | % | Taxable Sum | Tax |
|---|
Your estimated gross rental yield would be: