Villa
DRAFT DETAILS. A substantial five bedroom, three storey, corner Villa situated in a popular and convenient location close to Narborough Road. Well placed for a wide range of local amenities including shops, restaurants, parks, schools, DeMontfort University and Leicester Royal Hospital.
The property offers large room sizes throughout and has accommodation arranged over three floors.
It has tremendous scope to convert to a 6-7 bedroom HMO property, subject to any required permissions but due to the location an Article 4 is NOT required.
Being an end property makes conversion easier and offers potential to fit en-suites to the rooms if required.
The rental income if arranged as a HMO would be in the region of £30,000 per annum.
The accommodation briefly comprises:
4.26m x 3.95m
With radiator and bay window to the front aspect and window to the side.
3.96m x 3.80m
With window to side and gas fire.
6.20m x 3.10m
Being fitted with a range of base and wall units, work surfaces, sink unit, tiled splash backs, space for appliances and two windows to the side aspect.
With stairs to second floor.
5.00m x 3.65m
With window to front and radiator.
3.61m x 3.02m
With window to the side and radiator.
3.88m x 3.10m
With window to side and radiator.
With suite comprising panelled bath with shower over, low level WC, wash hand basin, tiled floor and walls, radiator and window to the side.
5.00m x 3.30m
With window to front and radiator.
3.07m x 2.90m
With window to the side and radiator.
There are gardens to the front and side aspect. There is a pleasant rear garden / yard with brick stores and its own private 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.
