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All the ground floor windows are embossed with a floral design integrating the company name and the building is clad in buff terracotta with a polished marble plinth. Alexandra House was restored in the early 2000s and was converted into 175 apartments, the majority being studio, one and two-bedroom apartments with only a handful of three-bedroom apartments being made.
A very well presented 1 bedroom apartment in the ever popular Alexandra House development in the city`s cultural quarters with an open plan living/kitchen area, double bedroom, family bathroom and balcony.
Leasehold Information
Ground Rent: £187.50
Service Charge: £963.50
Lease Expiry Date: 31st December 2128
Investor Information :
Based on a sale at £95000 and a rental income of £546pcm
- 75% loan assuming standard btl loan at 3% (interest only)
- Capital used £24500 (including deposit, stamp duty and conveyancing)
- Annual pre tax profit of £3263.5 = 12.7% pre tax income on Capital used
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: B. Back to listing
Full details for 1 Bedroom Flat For Sale in Leicester
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Description
Completed in 1897, Alexandra House was designed by Leicester architect Edward Burgess for Faire Bros. Ltd, one of the largest boot and shoe lace manufacturers in the world.All the ground floor windows are embossed with a floral design integrating the company name and the building is clad in buff terracotta with a polished marble plinth. Alexandra House was restored in the early 2000s and was converted into 175 apartments, the majority being studio, one and two-bedroom apartments with only a handful of three-bedroom apartments being made.
A very well presented 1 bedroom apartment in the ever popular Alexandra House development in the city`s cultural quarters with an open plan living/kitchen area, double bedroom, family bathroom and balcony.
Leasehold Information
Ground Rent: £187.50
Service Charge: £963.50
Lease Expiry Date: 31st December 2128
Investor Information :
Based on a sale at £95000 and a rental income of £546pcm
- 75% loan assuming standard btl loan at 3% (interest only)
- Capital used £24500 (including deposit, stamp duty and conveyancing)
- Annual pre tax profit of £3263.5 = 12.7% pre tax income on Capital used
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: B. Back to listing
