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Studio
Marquis Street, Leicester LE1
£60,000
Marquis Street, Leicester LE1
£60,000
Our Summary
- *** cash buyers only***Great Investment* Gross Yield 11
- • Planning permission: No known planning permissions or proposals for development
- Cash Buyers Only
Description
This quirky studio apartment in the Driver Building on Leicester's King Street is a great investment opportunity, offering a gross yield of 11.5% based on £675pcm. The property is open plan, featuring a ground floor living area with kitchen, a sleeping area, and shower room on a mezzanine floor accessed by a spiral staircase. The property is well maintained, with Velux windows, integrated appliances, and a convenient location near the city's main shopping area, restaurants, and nightspots. The building has 24-hour coded access, CCTV cameras, and a friendly building manager's office. The property is available for cash buyers only and is priced at £70,000, with a leasehold tenure and 104 years remaining on a 125-year lease.