Stoughton Road, Leicester LE2

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Zavsons - Leicester Phone: 0116 448 4223

Lyndwood Court, Stoughton Road, Leicester, LE2 2EJ<br/><br/>Asking Price: £80,000 | Tenure: Leasehold<br/><br/>Overview<br/>This third-floor one-bedroom flat in the highly sought-after suburb of Stoneygate presents a prime investment opportunity. Offered at a competitive price of £80,000, the property is ideal for cash buyers or seasoned investors looking to add to their portfolio in a popular residential area.<br/><br/>Property Features<br/>Location: Situated on the third floor of Lyndwood Court, a mid-century development known for its spacious layouts.<br/>Living Space: Typically includes a generous lounge/diner with large windows, a separate fitted kitchen, and a well-appointed bathroom.<br/><br/>Parking & Grounds: The property benefits from communal off-road parking and is set within well-maintained, landscaped communal gardens.<br/><br/>Accessibility: The building features communal lift access to all floors, including the third floor.<br/><br/>Investment Highlights<br/>Short Lease Opportunity: The property has 52 years remaining on the lease. This is reflected in the attractive asking price, offering significant potential for value uplift through a lease extension.<br/><br/>Rental Potential: Flats in Lyndwood Court are in high demand for professionals and students, with similar one-bedroom units achieving rents approximately £695 per month.<br/><br/>Prime Stoneygate Location:<br/>Education: Within walking distance of the University of Leicester.<br/><br/>Transport: Excellent links to Leicester City Centre and the Railway Station (approx. 1 mile away) for direct access to London St Pancras.<br/><br/>Lifestyle: Close to the fashionable boutiques, bars, and bistros of Queens Road and Allandale Road, as well as the green spaces of Victoria Park.<br/><br/>Key Information<br/>Sale Price: Offers over £80,000.<br/>Tenure: Leasehold (approx. 52 years remaining).<br/>Service Charge: Historically approx. £40 per month (subject to verification).<br/>Council Tax: Band A<br/><br/>Tenure: Leasehold (52 years)<br/>Ground Rent: £40 per year