Fennel Street, Loughborough

A modern ground floor apartment, situated in the heart of Loughborough Town with tenant in situ, providing a current rental income of £8,400 pa (gross yield to asking price 6.5%), being sold with no onward chain.

This property is offered to the market for landlords/investors.

The property is located within easy reach of a wide range of local amenities including primary and secondary schools, Loughborough University, a plentiful range of supermarkets, independent shops, boutiques, pubs and restaurants. Plenty of green spaces are on offer, perfect for walking and cycling.

Commuters benefit from excellent transport links with easy access to the M1 and A6, and regular bus service. Loughborough Railway Station provides links to London & Edinburgh. East Midlands Airport is only 15 minutes away by car.

Accommodation comprises; two double bedrooms, family bathroom, and large open plan kitchen/dining/living room.

Permit parking is available via Charnwood BC at The Rushes Shopping Centre. Secure Entry Intercom is provided.

To view this property, please contact John German Loughborough office.

Tenure: Leasehold (125 years from 29/09/2003)
Service Charge: £1719.06 pa
Ground Rent: £50 pa
(purchasers are advised to satisfy themselves as to the tenure via their legal representative).

Please note: Where covenants are listed on the Land Registry Title, the buyer(s) is liable for their own investigations, via an appropriate legal professional.

The property is to be used for residential purposes only.

It is quite common for some properties to have a Ring doorbell and internal recording devices.

AI enhancements may have been used in some photography.

Property construction: Standard
Parking: Permit parking available
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Electric
(Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: See Ofcom link for speed: https://checker.ofcom.org.uk/
Mobile signal/coverage: See Ofcom link https://checker.ofcom.org.uk/
Local Authority/Tax Band: Charnwood Borough Council / Tax Band A
Useful Websites: www.gov.uk/government/organisations/environment-agency
Our Ref: JGA/14102026

The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain. If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property. Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.

We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property. We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history. With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc. VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.