Belvoir are privileged to be able to offer a block of 7 flats. In a traditional property in the popular location of Stoneygate. This well-presented property comes with 7 individual flats with off road parking to the front and rear of the property. The location itself is amazing with bus routes right outside the property and walking distance to the shops and the city centre. Belvoir highly recommend viewing this property.
Based on a sale at £999000 and a rental income of £4126pcm
- 75% loan assuming standard BTL loan at 3% (interest only)
- Capital used £294150 (including deposit, stamp duty and conveyancing)
- Annual pre-tax profit of £27034.5 = 9.2% pre-tax income on Capital used.
*Potential 9.2% Return on capital employed gross (See investor information)
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.EPC rating: D.
Flat One Living/Kitchen Area
The property benefits from an open plan living and kitchen area, with many original features, wood flooring and kitchen appliances including an electric oven and hob.
Flat One Bedroom
Large spacious double in size with many original features and wood flooring. Access to BT point and TV point.
Flat One Shower Room
Modern shower room comprising wash basin, w/c and shower cubicle.
Flat Two Living/Dining Room
Feature fire place, carpeted flooring, large windows with French door leading onto balcony overlooking rear garden.
Flat Two Kitchen
Fitted kitchen with an electric oven hob. Tiled flooring. Access to small balcony
Flat Two Bedroom
Large spacious double with carpet flooring. Overlooks rear garden.
Flat Two Bathroom
Toilet, Sink, Corner shower cubicle. Tiled flooring.
Flat Three Lounge
Property benefits from a separate spacious lounge overlooking the rear garden.
Flat Three Kitchen/Diner
Fitted kitchen with space for a fridge freezer, plumbing for washing machine and electric oven hob. Tiled flooring.
Flat Three Bedroom
Large spacious double in size with carpeted flooring.
Flat Three Bathroom
Toilet, sink, bath with shower over fitted with glass screen. Tiled flooring.
Flat Four Living/Kitchen Area
Located to the front of the building is a large lounge with rustic wood flooring, impressive set of windows flooding the room with light. The kitchen comprises of matching wall and base unites, electric oven and hob.
Flat Four Bedroom One
A large double bedroom located to the rear of the building overlooking the rear garden with access to the ensuite.
Flat Four Bedroom Two
The second bedroom is also a good size double located to the rear of the property.
Flat Four En-Suite
The ensuite comprises of a wash basin, w/c and shower cubicle.
Flat Four Bathroom
The bathroom is of a modern design and comprises of a shower over the bath, wash basin and w/c.
Flat Five Living Room
The property benefits from an open plan living area. With attractive features and wood effect flooring.
Flat Five Kitchen
There is a fitted kitchen with white goods included.
Flat Five Bedroom
A good sized double bedroom that is neutrally presented.
Flat Five Bathroom
The shower room consists of a toilet, sink, bath and shower and has a tiled floor.
Flat Six Living Area
The property benefits from an open plan living area. With original features and carpeted flooring.
Flat Six Kitchen
There is a fitted kitchen with space for fridge/freezer, plumbing for a washing machine, electric oven hob.
Flat Six Bedroom
The bedroom is double in size with carpeted flooring.
Flat Six Shower Room
The shower room consists of a toilet, sink and corner shower cubicle. Tiled flooring.
Flat Seven Living Room
The living area is situated at the front of the property on the London Road side and has a large window flooding the area with natural light. The carpets are cream and the walls are white, so the space has a real neutral and contemporary feel.
Flat Seven Kitchen
A contemporary fitted kitchen which includes an electric oven hob and space for a fridge/freezer.
Flat Seven Bedroom One
A generous size double bedroom with carpeted flooring and overlooking the rear garden.
Flat Seven Bedroom Two
Another really good size double bedroom within the roof eaves and carpeted flooring.
Flat Seven Bathroom
The shower room comprises; w/c. wash basin and shower cubicle. The bathroom is tiled throughout.
Shared off street parking to the rear of the property