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Apartment 97, The Horizon, 2 Navigation Street, Leicester, Leicestershire LE1 3UN

Auction Event
 

Guide Price £45,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th June 2025

9.00am
Key Features
  • Council Tax Band: A
  • One Bedroom Apartment
  • Stunning Views
  • City Centre Location
  • Balcony
  • Vacant Possession
  • Estimated Rental Value £800 pcm
  • EPC Rating: D
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Flat

Property Description:

One Bedroom 15th Floor Apartment

A superb, city centre apartment with some of the finest views over the city, Abbey Park and towards Bradgate Park.

The apartment is light and airy and is in great condition throughout. Ready to move into or let out.

Offering communal secure entry with concierge service. Lift to all floors.

Hallway, Lounge/ Kitchen/ Diner, Bedroom, Bathroom, Balcony.

Estimated rental value of £800 pcm / £9600 per annum.

Service charge £619.63 per quarter

Ground rent £75 per 6 months

A superb buy to let investment opportunity.

Communal Reception

With lift to all floors and concierge desk.

Reception Hallway

Giving access to all rooms.

Open Plan Lounge/Kitchen/Diner

6.35m x 3.70m With a modern range of base and wall cupboards, built in oven, hob, extractor. Sink unit and roll top work surfaces. Electric wall heater. Lounge area with patio doors to balcony and dining area with window to two aspects. The views from the apartment are stunning! With the city from one aspect and Abbey Park and as far as Bradgate Park from the balcony.

Balcony

A great outside seating area with stunning views.

Bedroom

4.32m max x 3.43m With electric heater and window with views over the city.

Bathroom

With modern, three piece suite comprising low flush w.c. wash hand basin and panel bath with shower over. Part tiled walls, heated towel rail and extractor fan.

Leasehold Information

150 years from 24 June 2006. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.

Satellite and Cable TV Availability

BT and Sky are available in this location.

Broadband (estimated speeds)

Standard 18 mbps. Ultrafast 1000 mbps.

Construction Material

Concrete construction, external clad, EWS1 certificate with an A1 rating.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

131


Utilities Information
  • Heating Supply: Double Glazing, Electric
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.