1 Bed Apartment House For Sale Yeoman Lane, Leicester, LE1

£100,000- Apartment

1 of 14
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 1st January 1970

Description

Dating back to circa 1950, The Fabric Building was converted into a selection of apartments in 2007. Retaining a wealth of character and charm with exposed brickwork and high ceilings, the developers took their design inspiration from a typical New York loft-style apartment and ensured that aesthetic was presented with the conversion. The Fabric Building is a sympathetically converted building situated in the heart of Leicester's Cultural Quarter, ideally located for excellent access to Curve Theatre and Phoenix Square Cinema as well as the mainline railway station offering access to London St Pancras in just over an hour, the city's professional quarters, boutique bars and popular restaurants.

Previously tenanted at £700PCM and available with No Upwards Chain, the accommodation comprises of a bright and airy entrance hall which provides access to both the open plan/kitchen dining area alongside the double bedroom and three-piece family bathroom. The kitchen/dining area features the same exposed brickwork found in the bedroom and has a large window and access to a balcony which complements the space excellently with a great input of natural light into the apartment. With space for all relevant appliances, ample kitchen storage and surface preparation area, alongside an integrated oven with concealed extractor fan, the use of space has been utilised really well. Benefitting from gas central heating and being available with no upwards chain, the property is a perfect step onto the property ladder or addition to any buy to let portfolio.

Leasehold information:

- Service charge & ground rent: £115 per month.
- Years remaining on the lease: 112 years remaining
- Rental expectation: £700 per month.
- The property does not come with allocated car parking.

Vendor comments:

\" The property is located in a brilliant location situated within the heart of town however away from the hustle and bustle. No loud noises and inner communal is a great feature of the apartment. The apartment is situated facing towards the back of the building overlooking the
shared communal garden and has access onto a beautiful balcony. The property would make an excellent investment or alternatively an ideal first time buy for young professionals. \"
Agent Details
Hortons
The Old Rectory Main Street, Leicester, LE3 8DG

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 1 bedroom property. See more properties like this.

£120,000
Leicester, LE1
9.9
£169,950
Leicester, LE1
Flat
9.8
£79,950
Leicester, LE1
Apartment
9.2
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