We are acting in the sale of the above property and have received an offer of £80,000 on the above property.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place
The Energy Performance Certificate Rating is 73C
Situated in the popular residential area of Westcotes, Leicester, this first-floor two-bedroom flat on Fosse Road South presents an excellent opportunity for first-time buyers or investors alike. Offered with no upward chain and priced at an attractive £80,000, the property is ideal for those looking to step onto the property ladder or expand their portfolio. With potential for improvement, this flat could be transformed into a comfortable and modern living space.
The flat features a spacious lounge, separate kitchen, two good-sized bedrooms, and a family bathroom. Set within a purpose-built development, the property benefits from a practical and straightforward layout, providing comfortable accommodation for individuals, couples, or small families. The lease is for a term of 125 years from 01/01/2005 at an initial ground rent of £100.00 per annum. The ground rent increases every 21 years of the term and is index linked. There is a capping provision within the lease to cap the ground rent at £1.00 below the AST threshold amount. The service charge details to be confirmed. The property holds a Council Tax Band A rating and an EPC rating of 73 (Band C), offering an economical option for buyers seeking value and potential.
The local area offers an array of amenities within easy reach. Several major supermarkets, including Tesco and Aldi, are less than a mile away, catering to your daily shopping needs. A number of well-regarded primary and secondary schools are located nearby, making it a convenient spot for families with children. For those seeking leisure activities, the nearby Braunstone Leisure Centre offers sports and fitness facilities, while local parks and green spaces provide a tranquil setting for outdoor recreation.
Healthcare needs are well catered for with several GP surgeries and NHS clinics in close proximity, along with Leicester Royal Infirmary less than two miles away. Excellent public transport links serve the area, with Leicester railway station approximately 2.5 miles from the property, connecting residents to major destinations including Birmingham, Nottingham and London. East Midlands Airport can be reached in around 35 minutes by car, offering convenience for both domestic and international travel.
Internal viewing is highly recommended to truly appreciate the potential this property has to offer. Whether you’re an aspiring homeowner looking for your first step on the property ladder, or an investor searching for your next opportunity in a well-connected urban location, this flat promises both practicality and potential.
Property Reference MER-1JKB15M3F4S
Tenure: Leasehold
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