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House For Sale Blackbird Road, Leicester, LE4

£5,000

Auction Property
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Last Updated: 14th November 2019

Description

For sale by auction on Tuesday 17th December 2019
At Leicester Auction, Leicester City Football Club, Keith Weller Suite, King Power Stadium, Filbert Way, Leicester, LE2 7FL
Commencing at 11:30 am

An investment opportunity to purchase the Freehold and ground rents of a modern, purpose built block of flats.

The building is approximately 10 years old and comprises of three self contained flats which have been sold on original 125 year leases.

Each flat pays a ground rent of £50 per annum and service charges of £816 per annum.

Total income of ground rents and service charges is £2,598.
Accounts given show an annual running costs for the building of approx.£1,000 per annum.

We are informed the service charges have not been reviewed for seven years.

Communal hallways, parking to the front for two flats and low maintenance garden to the rear.

A superb investment.

Nearby Stations

  • Leicester North (Great Central Railway) (1.4 miles away)
  • Leicester Rail Station (1.5 miles away)
  • Rothley (Great Central Railway) (3.9 miles away)
  • Syston Rail Station (4.1 miles away)
  • South Wigston Rail Station (4.6 miles away)

Nearby Schools

  • Avebury Meadows Sure Start Children's Centre (0.4 miles away)
  • Fosse Primary School (0.4 miles away)
  • Slater Primary School (0.5 miles away)
  • Alderman Richard Hallam Primary School (0.5 miles away)
  • English Martyrs' Catholic School, A Voluntary Academy (0.6 miles away)
Agent Details
Carlton Estates
8, Station Road, Leicester, LE19 2HR
Show Contact Number
0116 284 9636

Investment Analysis

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Calculators

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