Villa
HMO Planning ref: 20180013
Great condition throughout and benefitting from GCH and UPVC double glazing. Modern kitchen, bathroom and décor throughout.
The property is situated yards away from Narborough Road making it ideal for letting to students and is within walking distance to the bars and restaurants, DeMontfort University and the Royal Infirmary Hospital.
The property would bring in a rental income of around £28,000 per annum.
A great buy to let investment which would give a return of around 14%
With original tiled floor.
4m x 3.50m. Housing the electric mater and modern consumer unit.
5.07m x 3.49m. With Bay window to the front aspect.
4.10m x 2.86m. With Cast iron fireplace and French doors leading to the rear garden.
5.60m x 2.71m. With an extensive range of modern base and wall units, space for appliances, worktops and window to the side aspect.
With door to the rear garden.
With a modern suite of w.c. wash hand basin, shower cubicle, part tiled walls and window to the side.
With window to the side.
5.07m x 4.70m. Cast fireplace and bay window to the front.
4.10m x 2.90m. Cast fireplace and window to the rear.
2.70m x2.80m. Window to the rear.
Low flush w.c. wash hand basin in vanity unit, bath with shower over, fully tiled walls and floor, heated towel rail and window to the side aspect.
Landing
4.30m x 4.25m. Window to the front aspect.
4.10m x 2.90m. Window to the rear aspect.
The property has a small fore-garden and an enclosed rear garden with decking and rear gated access.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
