Oxford Street, Leicester LE1 1 bed apartment for sale

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Oxford Street, Leicester LE1 1 bed apartment for sale

Oxford Street , Leicester
£50,000

Our Summary

  • Currently, let at £700 per calendar month, this property presents an excellent investment opportunity with a strong rental yield
  • This apartment is being sold via the Modern Method of Auction with a guide price of £70,000
  • The property is being sold with part-furnishings and no upward chain, in our opinion would make a great investment opportunity
  • 50Ground Rent (£PA) £250Auctioneer Comments - This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period
  • For Sale by Modern Auction – T & C’s apply
  • For Sale by Modern Auction – T & C’s apply
  • The Modern Method of Auction

Description

Seths Estate Agents is offering a one-bedroom apartment in Oakwood House for sale through a modern method of auction with a guide price of £70,000. The property is currently let at £700 per month, generating a strong rental yield of over 7% per annum. The apartment is located in an ideal spot, providing easy access to DMU, local amenities, bus routes, and the city center. The property features a spacious open-plan lounge and kitchen, one double bedroom, a large bathroom, and a walled courtyard. It benefits from gas central heating, double glazing, and part-furnishings. With no upward chain and a leasehold remaining for 84 years, this property presents an attractive investment opportunity.