1 bedroom flat for sale

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1 bedroom flat for sale

Atkin Street, Flat 79, Leicester, Leicester LE2
£80,000

Our Summary

  • Great Investment opportunity for cash buyers only**

Description

This is a student accommodation property that is already rented out, with a one-year rent upfront, generating an average income of £500 per month. The property features a fitted kitchen with appliances, a bedroom/study with shelving and a desk unit, and a shower room with a fully enclosed and tiled shower unit. The rental income for the 2021-2022 financial year was £7,851.04, with additional costs including a service charge of £1,972.27, management fees of £375.36, and ground rent of £283.54. The property has 239 years remaining on its lease and offers a great investment opportunity for cash buyers.
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