48 Granby Street
Leicester
LE1 1DH
To be sold via NATIONAL TIMED ONLINE AUCTION
BIDDING OPENS: 13:00 on Monday 15th December 2025
AUCTION ENDS: 13:00 on Tuesday 16th December 2025
Visit auctionhouse.co.uk/leicestershire
A top floor city centre flat with communal stairs and a lift. Excellent investment buy with five bedrooms, two shower rooms and a large dining kitchen. Held on a 99 year lease from September 2006 with approximately 81 years unexpired term. There is a peppercorn ground rent and the current service charge is £2515.12 per annum. Gross ERI of circa £21,000 PA.
Ideal investment buy.
Stairs and a lift to all floors.
Access to fire escape.
5.44m x 3.31m (17'10" x 10'10")
3.86m x 3.03m (12'7" x 9'11")
4.45m x 4.00 (14'7" x 13'1")
4.45m x 2.66m (14'7" x 8'8")
4.45m x 2.68m (14'7" x 8'9")
4.45m x 2.68m (14'7" x 8'9")
1.81m x 1.51m (5'11" x 4'11")
1.81m x 1.51m (5'11" x 4'11")
Tenure: Leasehold
Local Authority: Leicester City Council
Council Tax Band: D
Type of Construction: Conversion
Multiple Options for Broadband/mobile phone signal.
Flood Risk: None
Held on a 99 year lease from 1st September 2006 with approximately 81 years unexpired term. Peppercorn ground rent and we are advised by our client that the current service charge is £2515.12 per annum.
The succesfull buyer will be required to pay an auction administration fee of £1800 inc VAT ( £1,500 + VAT) on the fall of the hammer.
The succesful uyers will be required to pay an auction administration fee of £1200.00 inc VAT ( £1000.00 + VAT)
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com