This property has been taken off the market.
8 Bed Apartment House For Sale Church Gate, Leicester, LE1
£530,000- Apartment
Auction Property
1 of 8
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 22nd May 2024
Description
For Sale by Public Auction on 12/06/2024\r
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Location:\r
The property is located in the city centre near to Highcross Shopping Centre and the corner of Church Gate and St Peter's Lane. \r
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Description:\r
The property comprises of 8 first and second floor self contained and fully furnished studio apartments and 4 car parking spaces. The flats have an en-suite shower room, electric heating and are separately metered.\r
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Tenure\r
Leasehold: 125 years from 27.07.14, with 115 years remaining.\r
Ground Rent: £5,741 pa with 5 yearly RPI linked rent reviews.\r
Service Charge: Nil.\r
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Solicitors\r
Nelsons, Provincial House, 37 New Walk, Leicester LE1 6TY\r
Tel: ~ Ref: J Coningsby\r
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AccommodationTenancies:\r
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Location:\r
The property is located in the city centre near to Highcross Shopping Centre and the corner of Church Gate and St Peter's Lane. \r
\r
Description:\r
The property comprises of 8 first and second floor self contained and fully furnished studio apartments and 4 car parking spaces. The flats have an en-suite shower room, electric heating and are separately metered.\r
\r
\r
Tenure\r
Leasehold: 125 years from 27.07.14, with 115 years remaining.\r
Ground Rent: £5,741 pa with 5 yearly RPI linked rent reviews.\r
Service Charge: Nil.\r
\r
Solicitors\r
Nelsons, Provincial House, 37 New Walk, Leicester LE1 6TY\r
Tel: ~ Ref: J Coningsby\r
\r
AccommodationTenancies:\r
| FLAT | EPC | AST | RENT £ PAX | |
| FIRST FLOOR | ||||
| 1 | 77, C | 02.01.2024 - 01.07.2024 | 7,800 | |
| 2 | 78, C | 27.10.2023 - 30.09.2024 | 7,500 | |
| 3 | 76, C | 07.12.2022 - 06.06.2023 | 6,900 | |
| 4 | 77, C | 01.08.2022 - 31.07.2023 | 7,800 | |
| SECOND FLOOR | ||||
| 5 | 73, C | 15.09.2023 - 30.04.2024 | 6,600 | |
| 6 | 74, C | 11.09.2023 - 10.03.2024 | 7,800 | |
| 7 | 71, C | 01.09.2023 - 30.06.2024 | 6,600 | |
| 8 | 73, C | 15.10.2023 - 30.06.2024 | 6,600 | |
| Outside | Parking for 4 cars at £60 per space pcm | 2,880 | ||
| Current Rental Income | 60,480 | |||
| Total Estimated Gross Rental Value | 65,940 |
Agent Details
Shonki Brothers Ltd
85, Granby Street, Leicester, LE1 6FB
Show Contact Number
0116 254 3373
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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.
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.