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End of terrace house
A three bedroom investment property.
Originally designed as 3 bedroom student house and which is currently let to 3 students for the 2023 - 2024 Academic year.
Situated in a desirable location close to the shops, bars and restaurants along Queens Rd and within an easy walk of Leicester University. Parking for the property is on street.
Let to three students at a combined income of £975 per month/£11,700 per annum excluding bills.
The property is in good order throughout and with an income from day one it makes a great addition to any rental portfolio.
Fitted kitchen with integrated electric oven with extractor over, gas hob, washing machine & fridge/freezer. Stairs leading to first floor. Double glazed windows to front & side aspect.
Situated on the ground floor with radiator and double glazed window to side aspect.
Shower room with part tiled walls comprising low level w/c, wash hand basin and single cubicle with electric shower.
With access to two bedrooms and further cloakroom / w.c.
Double bedroom with wash hand basin, radiator and skylight window.
Double bedroom with wash hand basin, radiator and double glazed window to front aspect.
Low level wc, wash hand basin and radiator:
Standard brick construction.
Severn Trent Water.
Yes (no knowledge of supplier).
Mains Sewer.
Yes - gas (no knowledge of supplier).
17 bmps.
O2, EE, Three, Vodafone.
Bedrooms to first floor have sloping ceilings.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee 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.
