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Studio flat for sale
Flat 311, Tudor Studios, Tudor Road, Leicester, Leicestershire LE3 5HU
£15,000
Flat 311, Tudor Studios, Tudor Road, Leicester, Leicestershire LE3 5HU
£15,000
Our Summary
- For sale on 31 July 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
- 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 and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- 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: 31
Description
A purpose-designed student apartment is up for auction, fully let and managed by a single letting company, making it a hands-off investment. The property is located in a well-facilitated development with communal gym, games room, kitchen, laundry, and landscaped courtyard gardens. The flat is let at approximately £7395 per year over a 51-week year on pooled income, with fees for utilities, communal areas, and management deducted directly. The property is close to DeMontfort University, the city center, and Narborough Road bars and restaurants. The lease has 240 years remaining, with a service charge of approximately £2150 per annum and ground rent of £850 per annum. The property is available to view, and interested buyers must register by 5pm the day before the auction, which will be broadcast online with live auctioneers.