Studio for sale

Offered to *CASH PURCHASERS* only and being currently rented out for the current student term with an approximate rental income of £7000.00 Per Annum giving an Investment yield of 10.1% Gross. This well presented self contained student accommodation studio flat within the purpose built popular Primus Edge building located in the Leicester City Centre providing communal facilities, concierge service and laundry, situated within walking distance of DeMontfort University and Leicester Royal Hospital.

OPEN PLAN LIVING AREA 25' 0" x 12' 7" (7.62m x 3.84m) Open plan living with kitchen area comprising sink, base and eye level units, work surfaces over, built in microwave oven, integrated dishwasher and fridge/freezer, hob, open plan access to with living area providing space for double bedroom and desk area, window providing open views across Leicester City Centre, built in wardrobes, radiator.

SHOWER ROOM Comprising a three piece suite, shower cubicle, sink and low level WC, tiled throughout.

SERVICES All main services are understood to be available. Central heating is electric, electric power points are fitted throughout the property and windows are double-glazed.

•Price : £70,000
•Tenure : Leasehold
•Length of lease : 239
•Annual ground rent amount : £243
•Ground rent review period : Per Annum
•Annual service charge amount : £1,980.92
•Service charge review period : Per Annum
•Council tax band : A
• EPC Rating: C
• Property type: Purpose built building
• Property construction: Standard
• Number and types of room: Please refer to floorplan
• Electricity supply: mains
• Water supply: metered
• Sewerage: Public sewer
• Heating: Gas boiler, Electric Rads
• Broadband: Fibre broadband
• Mobile signal / coverage: refer to Ofcom mobile coverage checker
• Parking: On Street
• Building safety: No known hazards
• Restrictions: Contact us for restriction details - Student & Key Worker Accommodation Only
• Rights and easements: No known relevant rights or easements
• Coastal erosion risk: none
• Planning permission: no known planning permissions or proposals for development
• Accessibility/Adaptations: Lateral living
• Coalfield or mining area: No direct impact of any mining activity

THINKING OF SELLING? We would be delighted to provide you with a free market appraisal/valuation of your own property. Please contact Phillips George to arrange a convenient appointment on[use Contact Agent Button].

BUYING TO LET? Phillips George are expert, ARLA qualified letting agents with experience of all kinds of rental property across city and county. Should you need a rental valuation for your new property or on any of your existing portfolio, or simply want some advice on the current rental market, call us now on[use Contact Agent Button].

DISCLAIMER & IMPORTANT INFORMATION Phillips George Sales & Lettings for themselves and the vendors of this property whose agents they are, give notice that these particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars. The vendors do not make or give and neither do Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to the property.

None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given. All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.

Current money laundering regulations require us to confirm proof of identity and residency of anyone intending to purchase. We ask for your co-operation in providing the necessary documentation in order to avoid delays in agreeing the sale.