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2 Bed Flat For Sale Marquis Street, Leicester, LE1

£150,000- Flat

Yield: 6.87%
1 of 11
Yield: 6.87%
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  • Rental Guide: £685 - £860
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Double Glazing Throughout
  • Close To Local Amenities
  • Cctv To External Of The Building
  • Intercom Security
  • Off-road Parking
Last Updated: 16th May 2020

Description

My Online Estate Agent are delighted to offer for sale this 2 bed second floor apartment situated in center of Leicester. Ideal located for all the benefits a city offers .

The property comprises of a modern high gloss fitted kitchen with a range of wall and base units incorporating electric hob/ oven, large steel extractor hood, dishwasher, leading from the kitchen to the open plan living area with original feature brick wall.

Bedroom 1 - This large double bedroom benefits from its own en-suite bathroom which includes a stand alone shower cubical complimentary tiling to the floor and walls. The bedroom has feature original exposed brick walls.

The property benefits from fitted spotlights throughout and has the benefit of electric heating.

The property is ideally located to the center of Leicester and is close to well known supermarkets, bars and shops.

Leicester Royal Infirmary and Leicester Train Station is approx. 1 mile from the property. The property is also close to Leicester and De Montfort University.

The property has CCTV to the external of the building/ intercom and a coded access system.

Please note viewings will be from Monday - Friday 9am to 5pmMy Online Estate Agent is the vendor's agent for this property. Whilst every effort is made to ensure its accuracy the matters referred to in this description should be independently verified by prospective purchasers or tenants. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Agent Details
My Online Estate Agent
Styal Road, Manchester, M22 5WB
Show Contact Number
0333 240 2712

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
6.4

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
1

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£4500
9.8

Comparison with other investment alternatives

Investing in this property will give you a higher regular return when compared to other conservative investments.
7

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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

One&Only Pro 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.
Rental Data
2 Bedroom properties in “LE1” are mostly listed between £685 - £860. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested