Guide price

£69,000

1 bed flat for sale
Flat 30 The Cotton Mill, 35 King Street, Leicester LE1

    • 1 bed

Auction
Leasehold
Added on 14/10/2026

About this property

    *For Sale by Auction on 12th November 2026 commencing at 05:00 pm*

    Leasehold. One bedroom second floor flat having electric heating & double glazing. Ideal for owner occupier or rental investor.

    Location
    The Flat is located in the heart of the Leicester City Centre within walking distance of Leicester Railway Station, Leicester University, Leicester Royal Infirmary & Highcross Shopping Centre.

    Accommodation
    Communal entrance area providing lift and stairs access to flat:

    Second Floor Flat:
    Entrance hall, open plan living room / kitchen, bedroom, bathroom.

    Tenure
    Leasehold with vacant possession.

    The flat is held on a lease for a term of 125 years from the 1st June 2002. There is a service charge payable of £1,146.00 per annum (approx.) and ground rent payable of £150.00 per annum (approx.) (please refer to legal documentation).

    Rent Achievable
    £850.00 per calendar month exclusive (£10,200.00 per annum).

    Note
    Purchasers are to be made aware that an additional charge of £950.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property.
    The completion date will be on or before 29th January 2027 following exchange of contracts.

    Energy Performance Certificate
    EPC Rating to be confirmed.

    Solicitors
    Bond Adams Solicitors, 94 London Road, Leicester, LE2 0QS. Tel: Ref: S.Sayani)
    Email:

    *Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions*

    note: Properties can be purchased prior to Auction

    Mortgage calculator

    Monthly repayment

    £345 per month

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    More information

    • Tenure

      Leasehold (100 years)

    • Service charge

      £1,140 per year

    • Council tax band

    • Ground rent

      £150

    • Ground rent date of next review

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