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£114,950

Sovereign Court, Loughborough, LE11

  • 2 beds
Flat

£114,950

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£525 per month

Minimum deposit amount:

£5,748
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INVESTMENT PURCHASE! 7.2% GROSS YIELD! OCCUPIED CURRENTLY WITH TENANTS ON A ROLLING CONTRACT.

MODERN and well kept, good size ground floor apartment located in LOUGHBOROUGH TOWN CENTRE which would make an ideal INVESTMENT PURCHASE. The property is currently let with an ongoing rent in place of ?9,000.00 PA. This give an incoming investor a gross yield of 7.2%. Also having double glazed windows. Leasehold.

The apartment consists entrance hall, bathroom, two double bedrooms and open plan living area with good size kitchen with breakfast bar and built in oven hob and extractor fan. Externally there is boke storage. Please note there is no parking with this property.

This property in our opinion is not to be missed.

Communal Entrance

Entrance in to the block from the common entrance.

Entrance Hall

Door to the front, light point, smoke alarm, electric heater, storage cupboard and intercom point.

Open Plan Living Kitchen

3.07m x 6.43m

Kitchen

Having lino flooring and light point. Fully fitted kitchen with a full range of wall and base units having inset sink and drainer, built in oven, hob and extractor fan. Space for fridge and plumbing for washing machine. Having splash backs and extended worksurfaces into breakfast bar.

Living Area

Window to the front, electric heater, TV and telephone point.

Bedroom

2.74m x 3.00m

Window to the side, light point and electric heater.

Bathroom

Good size bathroom with lino flooring, light point, extractor fan, wall heater, part tiled walls and shaver point. Having low flush WC, wash hand basin and bath with shower above.

Bedroom

3.00m x 3.81m

Window to the front, light point and eletric heater.

Outside

Please note there isn't any parking with this apartment. There are Bike racks and a bin store. The apartment block is secured with automatic gates.

Tenure

LeaseholdService Charge : ?1,082.00 PAGround Rent : ?50.00 PA

Council Tax Band

Charnwood Borough Council Council Tax Band : A

Viewings

Please contact Leanne, Louise, David, Jake, Millie, Danni, Ben or Naomi at our office to arrange your viewing. All viewings are by appointment only.Call us today to book your appointment. 01509 260606 or [email protected]

Services

Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.

Valuations

If you have a property to sell please contact us to arrange your free valuation.We can be contacted Monday - Friday 9am - 5pm or Saturdays 9am - 4pm.

Fixtures, Fittings & Appliances

The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.

Photographs

Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Measurements

Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Money Laundering

Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.

General Note

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.

Hours Of Business

Our office is open Monday to Friday 9am till 5.30pm and Saturday, 9am till 4pm.

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Mortgage and legal costs:
£999
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