St Georges Mill, Wimbledon Street, Leicester
- Type: Apartment
- Availability: For Sale
- Bedrooms: 1
- Bathrooms: 1
- Reception Rooms: 1
Wimbledon Street, Leicester, LE1 1SY
- Modern Extension Built Adjoining Iconic Victorian Building
- Larger Than Average One Double Bedroom Apartment
- Fully Refurbished In 2018
- Modern Living Accommodation
- High Specification Fixtures And Fittings
- Karndean Flooring Throughout
- Tenanted Investment Opportunity
- Tenant In Situ Until July 2021 Offering 6.2% Yield
- Low Ground Rent
- Prime Cultural Quarter Location
Property SummarySet within the iconic St Georges Mill in the heart of Leicester's cultural quarter, this elegantly refurbished one bedroom apartment, currently rented at £900pcm until July 2021, offers the ideal investment opportunity. Available as a turnkey investment, this is a rare opportunity to purchase the apartment with the high specification furniture and bespoke finishings. Attracting an excellent yield with no void period between tenants. This property is avilable with no chain.
Property This stunning apartment is located on the third floor of the iconic Victorian St Georges Mill, a former boot and shoe factory, its façade in prime condition occupying a prominent position on Wimbledon Street. The property presents the ideal investment opportunity, demanding £900pcm, equating to a 6.2% yield, with a tenant in situ until 19th July 2021.
This apartment was sympathetically converted in 2006 by world renowned architectural firm Conran & Partners and since its purchase in 2013 has undergone a comprehensive programme of refurbishment to create the modern home now offered to market.
The welcoming entrance hall, with storage cupboard, grants access into all rooms. Stylish new Karndean flooring flows throughout the open living space which enjoys an abundance of natural light thanks to the large double glazed steel windows on two sides. The kitchen is installed to one end, sleek mid grey shaker style wall and base units with copper handles are met with a contrasting stone resin worksurface to incorporate an electric oven, induction hob, extractor, and a sink with drainer unit. Recesses and plumbing are provided for a washing machine and clothes dryer and space for a freestanding fridge freezer. The remainder of the generous open plan room offers flexible use with ample space for a breakfast and dining table along with comfortable seating for relaxing and a desk space for working from home.
The double bedroom, with a large fitted sliding door wardrobe, has been carpeted and features inset chrome spotlights. The contemporary three piece bathroom by Pochin has been tastefully styled with floor to ceiling tiled walls and a Karndean floor.
The opportunity to purchase the furniture is available via separate negotiation. The property is available with no chain.
Outside The entrance lobby has a concierge service to help with parcel deliveries and building maintenance. A lift and stairs give access to the apartment.
Lease Details Lease term: 125 years from 2010 with 115 years remaining
Ground rent: £150 per annum
Service charge: £1800 per annum
Please note, these charges are subject to change and must be independently verified.
Location Located in the highly desirable Cultural Quarter in the heart of Leicester City Centre, within easy walking distance of local Universities, Leicester Royal Infirmary and the mainline railway service with links to London St Pancras in an hour. A broad range of entertainment in the form of the Curve Theatre, De Montfort Hall, Highcross Shopping Centre and eateries all lie within 1 mile.
Neighbouring buildings and the Cultural Quarter are currently undergoing a programme of regeneration providing long term investment opportunities for investors.
Leicester is a well placed Midlands city providing ease of access to the regions commercial and retail centres. It offers a broad range of road and rail links providing a wide variety of options for the commuter wishing to travel further afield.
Viewings and Directions A video tour of the apartment is available or, alternatively, physical viewings are strictly by appointment only through the agent Oliver Rayns.
Postcode for Sat Nav: LE1 1SY