1 bedroom apartment for sale

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1 bedroom apartment for sale

Oxford Street, Leicester LE1
£75,000

Price History

Initial price £82,000
05/11/24 £75,000
Price Change -8.54%

Description

Seths Estate Agents is offering a one-bedroom apartment in Oakwood House for sale through the Modern Method of Auction with a guide price of £75,000. The property is currently let at £700 per calendar month, providing a strong rental yield of over 7% if purchased at the full asking price. The apartment is located in an ideal spot, providing easy access to DMU, local amenities, bus routes, and the City Centre. The property features gas central heating and double glazing, and comprises one double bedroom, a large bathroom, and an open-plan lounge kitchen. The property also benefits from part-furnishings and no upward chain, making it an attractive investment opportunity. The apartment has a secure entrance lobby and private hallway, as well as a walled courtyard and a small outside terrace. With 84 years left on the lease and a service charge of £762.50 per annum, this property is an excellent opportunity for investors or first-time buyers.