No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

7 bedroom apartment

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Apartment
7 bed
0 bath

Key information

Tenure: Leasehold
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold
  • RESIDENTIAL INVESTMENT
  • Leasehold: 150 years from 14.08.15. Ground Rent & Service Charge: £5,000 pa. Review every 25 years.
  • REDUCED GUIDE PRICE: £575,000 - £595,000
Available - £590,000 For Sale by Public Auction on22/07/2021

Location:
The apartments are located on the corner of Morledge Street, in the city centre near to the cultural quarter and Phoenix Cinema and Arts Centre.

Description:
The property comprises of a new development of 7 ground floor self contained fully furnished apartments. The apartments each have an en-suite shower room, electric heating and are separately metered.

Note
Estimated Rental Value: £54,600 pax.

Tenure
Leasehold: 150 years from 14.08.15.
Ground Rent & Service Charge: £5,000 pa.
Review every 25 years.

Solicitors
BP Legal Solicitors, 221 Belgrave Gate, Leicester LE1 3HT
[use Contact Agent Button] ~ Ref: B Parmar

Accommodation
Accommodation & Tenancies:
No. SQFT (SQM)
APPROX
EPC AST RENT
£ PAX
13 - 1 bed388 (36)65, D6 months from 01.05.20217,80014 - studio334 (31)70, C6 months from 01.11.20207,20015 - studio334 (31)73, C12 months from 01.04.20217,20016 - studio334 (31)73, C6 months from 15.03.20217,20017 - studio377 (35)61, D12 months from 01.10.20206,90018 - studio398 (37)61, D12 months from 01.10.20207,50019 - studio323 (30)66, D12 months from 01.11.20207,200Current Rental Income51,000

Places of interest

    Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.

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    Property reference 142938. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Kal Sangra Shonki Brothers - Auction House.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.