The Parade, Oadby, Leicester

Full Details

Property
An exciting opportunity to acquire a two double bedroom apartment located on the second floor of a well-maintained building on The Parade. The building was transformed into a collection of apartments in 2014 and the accommodation offers modern living, ideal as a first time purchase or investment opportunity. The property has been previously let at £725 per calendar month (6.7% yield) with scope for increases into the future.

The apartment is accessed either via the lift or staircase. Peace of mind is ensured by both CCTV operating throughout the communal areas of the building and the video intercom entry system installed in the apartment itself. A spacious and tastefully decorated hallway provides access to all of the accommodation. A living dining kitchen, ideal for 21st century living, spans the width of the apartment to one side. The contemporary kitchen is installed to one end and features an array of high gloss wall and base units with a contrasting dark laminate worksurface encompassing a range of appliances including an electric hob and oven, integrated washer/dryer, slimline dishwasher, and sink and drainer unit. Elsewhere, there is ample space for a dining table and comfortable seating area.

To the other side of the apartment, both double bedrooms are found offering ample space for bedroom furniture. Each bedroom is served by the modern family bathroom which is fitted with a panelled bath with shower over and glass shower screen, wash hand basin, and WC.
Outside
The apartment offers panoramic views over the bustling town of Oadby. Parking can be sought on nearby streets and car parks.
Lease Details
Lease: 199 years from 1st October 2014 with 193 years remaining
Ground Rent: £200 per annum
Service Charge: £992.68 per annum
Management Company: Brink Riley

Please note that lease terms and conditions are subject to change.
Location
The property is situated in the highly sought after southern suburb of Oadby, lying just three miles from Leicester City Centre. The building itself is found in the centre of Oadby which boasts excellent local shopping and supermarkets, bars and eateries, renowned schooling for all ages and a range of recreational facilities.

This home offers excellent access routes into Leicester City Centre, the universities, and hospital via London Road (A6) and Fosse Shopping Park, M1 and M69 motorways to the west via the ring road (A563) while Leicester enjoys a fast and regular rail service to London St Pancras.
Viewings and Directions
Strictly by appointment only through the sole agent Oliver Rayns.

Postcode for Sat Nav: LE2 5BF