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SOLD STC

Flats 1-8, First & Second Floor, 38-44 Church Gate, Leicester, LE1 4AF

PROPERTY TYPE

Apartment

BEDROOMS

8

BATHROOMS

8

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • RESIDENTIAL INVESTMENT
  • Leasehold: 125 years from 27.07.14, with 115 years remaining. Ground Rent: £5,741 pa with 5 yearly RPI linked rent reviews. Service Charge: Nil.
  • GUIDE PRICE: £530,000 - £550,000

Description

Sold after auction for an undisclosed amount For Sale by Public Auction on 12/06/2024

Location:
The property is located in the city centre near to Highcross Shopping Centre and the corner of Church Gate and St Peter's Lane.

Description:
The property comprises of 8 first and second floor self contained and fully furnished studio apartments and 4 car parking spaces. The flats have an en-suite shower room, electric heating and are separately metered.


Tenure
Leasehold: 125 years from 27.07.14, with 115 years remaining.
Ground Rent: £5,741 pa with 5 yearly RPI linked rent reviews.
Service Charge: Nil.

Solicitors
Nelsons, Provincial House, 37 New Walk, Leicester LE1 6TY
Tel: ~ Ref: J Coningsby

AccommodationTenancies:
FLATEPCASTRENT £ PAX
FIRST FLOOR
177, C02.01.2024 - 01.07.20247,800
278, C27.10.2023 - 30.09.20247,500
376, C07.12.2022 - 06.06.20236,900
477, C01.08.2022 - 31.07.20237,800
SECOND FLOOR
573, C15.09.2023 - 30.04.20246,600
674, C11.09.2023 - 10.03.20247,800
771, C01.09.2023 - 30.06.20246,600
873, C15.10.2023 - 30.06.20246,600
OutsideParking for 4 cars at £60 per space pcm2,880
Current Rental Income60,480
Total Estimated Gross Rental Value65,940

Brochures

Legal Documents
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Flats 1-8, First & Second Floor, 38-44 Church Gate, Leicester, LE1 4AF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.6 miles
  • South Wigston Station3.8 miles
  • Syston Station4.5 miles
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About the agent

Kal Sangra Shonki Brothers, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

Kal Sangra Shonki Brothers, Leicester - Auctions

Welcome to the SHONKI BROTHERS ESTATE AGENTS Website

Established in 1966, Shonki Brothers, the first Asian Estate Agents in England, have been providing service to the public for more than 30 years, which from humble beginnings can now claim to offer a service to Vendors and Purchasers which is second to none. We are a company with the clients interest at heart and you can be assured that your needs as a potential customer of Shonki Brothers will be handled in the most efficient and pro

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Disclaimer - Property reference 248781. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kal Sangra Shonki Brothers, Leicester - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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