3 bedroom apartment for sale

>

3 bedroom apartment for sale

Libra Parade, 5 Front Street, Birstall, Leicester, LE4 4DP
£55,000

Our Summary

  • For Sale By Public Auction on 15 May 2025 starting at 08:30 AM - A long leasehold residential investment property Current gross income £7,500 PA A second floor purpose built flat
  • Pre-auction Offers Please note that offers in excess of the guide price may be considered prior to the Auction Sale
  • Live-Streamed Auction Please note that the Auction will be livestreamed via our website
  • You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction

Description

This property is a second-floor flat located in a purpose-built building, offering a gross income of £7,500 per annum. The flat features a hall, reception room/dining room, kitchen, three bedrooms, and a bathroom/wc, with communal parking available at the rear. The property has a gas-fired central heating system and an Energy Performance Rating of E. The lease is long-term, with 189 years remaining from 1977, and the tenant pays a peppercorn ground rent and an annual service charge of £1,725. The property is currently let at £625 per month, exclusive of bills, and is being sold by public auction on May 15, 2025, with external viewings only available. Offers in excess of the guide price may be considered prior to the auction, and the auction will be livestreamed for remote participation.