This property has been taken off the market.

2 Bed Flat For Sale Midland Street, Leicester, LE1

£230,000- Flat

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 13th March 2024

Description

A fantastic, two bedroom, two bathroom apartment with a balcony, located on the fifth floor of this popular, stylish and environmentally sustainable building.

Location - Phoenix Square is perfectly positioned in the heart of Leicester's vibrant cultural quarter, with Curve Theatre, the professional quarters, trendy bars and restaurants, fantastic shopping facilities and the mainline railway station with access to London St Pancras, just a few minutes’ walk away.

The Building - Phoenix Square is a truly unique building with three entrances and two lifts, fusing together an independent arts cinema (recently refurbished and now having four screens), individually designed homes, office studios, creative workspaces and a new terrace café (not late night opening). The apartments were designed by award-winning Architects Marsh Grochowski and built with materials including wood from sustainable sources and energy efficient solar hot water systems.

Accommodation - The building is entered via a communal entrance hall housing the letter boxes, stairs and lift to other floors. A private hallway with engineered oak flooring and inset ceiling spotlights leads into the apartment and houses a camera intercom system, an airing cupboard providing storage space and plumbing for an automatic washing machine. The open plan sitting/dining room/kitchen boasts an excellent range of high specification eye and base level units and drawers, ample preparation surfaces, a stainless steel one and a half bowl sink and drainer unit with mixer tap over, integrated appliances including a fridge, freezer, CDA dishwasher, CDA black and stainless steel oven and microwave and an electric hob with concealed extractor unit above, engineered oak flooring throughout and a double glazed sliding door leading onto the south-facing balcony, affording 180 degree city views.

The master bedroom has a double glazed window to the rear elevation overlooking the former Leicester Mercury Building and an en-suite shower room providing a corner shower cubicle, a Duravit wall hung wash hand basin with mixer tap, a large mirror and electric shaver point, an enclosed WC with shelf and cupboard over, inset ceiling spotlights, chrome heated towel rail and tiled flooring. Double bedroom two has a double glazed south-facing window overlooking the former Leicester Mercury Building. The main bathroom has a three piece suite comprising a panelled bath with tiled shower above and glass shower screen, a wall hung Duravit wash hand basin with mixer tap, large mirror and electric shaver point, an enclosed WC with shelf and cupboard over, inset ceiling spotlights, chrome heated towel rail and tiled flooring.

Parking - The property benefits from one allocated, secure, undercroft parking space.

Lease Details - Please be advised that whilst we make every effort to ensure that these lease details are correct, these are subject to change, must not be relied upon and MUST be verified by any potential Purchaser's Solicitor.
Lease Term: 150 years from 2009.
Service Charge: £3,000 per annum including parking.
Ground Rent: £150 per annum
Management company: Service charge is payable to MetroPM & ground rent to Home Ground.
Details supplied by Vendor 8th June 2023.

Tenure & Council Tax - Tenure: Leasehold
Local Authority: Leicester City Council
Tax Band: C

Please Note - This property, like many flats in the UK has been impacted by cladding issues. The works are all signed off by the council who are fully funding the works (due to start within 2023). This apartment is in a prime location and will attract long term, high rental income, despite these temporary issues.
Agent Details
James Sellicks Estate Agents
56, Granby Street, Leicester, LE1 1DH
Show Contact Number
0116 285 4554

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£130,000
Leicester, LE1
Maisonette
9.7
£120,000
Leicester, LE1
Flat
9
£120,000
Leicester, LE1
Flat
9
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested