Studio flat for sale

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Studio flat for sale

Letting Pod 2, 18 Prebend Street, Leicester, Leicestershire LE2 0LA
£2,000

Our Summary

  • For sale on 29 October 2025 Our national property auction will be broadcast online with live auctioneers
  • To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
  • The auction will commence at 09:00
  • An investment opportunity comprising of a student pod in a purpose converted building providing student accommodation
  • Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
  • Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
  • Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
  • This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
  • Auction: 29

Description

A student pod in a purpose-converted building is up for auction, offering a unique investment opportunity. The property features a bedroom and study space with an en-suite shower room, and is fully let for the 2025-2026 academic year at £541 pcm or £6,500 per annum. The unit is sold fully furnished and is located in a secure building with a communal reception, kitchen, and laundry room. The property is well-placed near the city center and train station, and is a short walk to both Leicester University and DeMontfort University. The lease is 250 years from 2014, with a ground rent of £760 per annum and a service charge of £3,890.34 per annum. The property has an EPC rating of C and is being sold with a guide price and reserve price, with a 5% deposit and 4.8% buyers' fee applicable.