RESIDENTIAL INVESTMENT - Samms Court and Stokes Court, East Bond Street, Leicester,LE1 4SX

£700000.00

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Description:

A residential investment above retail shops located in the City Centre, opposite the

Debenhams store in the Shires development.           

 

SAMMS COURT:

 

Accommodation & Tenancies:

Apartment

Accommodation

(on the 1st & 2nd floors)

Tenancy

Rent (£) pcm exc.

Rent (£) pa exc.

9A

Double bedroom, living room, kitchen/diner, shower & w.c.

6 months AST from 02.10.06

£395.00

£  4,740.00

11B

Double bedroom, living room, kitchen/diner, shower & w.c.

6 months AST from from 14.03.08

£400.00

£  4,800.00

13c

Double bedroom, living room, kitchen/diner, shower & w.c.

6 months AST from from 07.06.04

£375.00

£  4,500.00

Current Gross Rental Income:

£14,040.00 

Estimated Gross Income:

£16,500.00 

 

STOKES COURT:

 

Accommodation & Tenancies:

Apartment

Floor

Accommodation

Tenancy

Rent (£) pcm exc.

Rent (£) pa exc.

1

First & Second

2 bedrooms, lounge/kitchen, shower & w.c.

6 months AST from 01.06.01

£400.00

£  4,800.00

2

First & Second

2 bedrooms, lounge/kitchen, shower & w.c.

6 months AST from 14.08.99

£400.00

£  4,800.00

3

First & Second

2 bedrooms, lounge/kitchen, shower & w.c.

6 months AST from 22.06.07

£425.00

£  5,100.00

7

First

1 bedroom, lounge/kitchen, shower & w.c.

Vacant - was let @ £395.00 pcm

 

 

8

First

Bedroom, lounge, kitchen, shower room

6 months AST from 08.05.04

£355.00

£  4,260.00

9

First

Bedroom, lounge, kitchen, shower room

6 months AST from 30.11.07

£425.00

£  5,100.00

10

First

Bedroom, lounge, kitchen, shower room

6 months AST from 07.06.04

£375.00

£  4,500.00

11

First

Bedroom, lounge, kitchen, shower room

Rent guaranteed for one year from completion

£425.00

£  5,100.00

12

First

Bedroom, lounge, kitchen, shower room

6 months AST from 16.11.07

£400.00

£  4,800.00

Current Gross  Rental Income:

£38,460.00 

Estimated Gross Rental Income:

£51,300.00 

 

Tenure:           

Leasehold investment, subject to existing tenancies.

125 year lease from the date of completion.

There is a ground rent of £100.00 per flat plus service charge.

Schedule of tenancies may be altered at the time of enquiry. 

 

 

Kal Sangra - Shonki Brothers | 55 London Road, Leicester LE2 OPE | TEL: (0116) 254 3373 | FAX: (0116) 285 4491

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