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Terraced House
A substantial bay fronted Victorian Villa with Coach House to the rear.
A great investment opportunity situated in a highly regarded location.
Well placed for the bars, restaurants and shops on London Road and walking distance to Leicester Train Station and the city centre.
The property comprises of a 3-4 bedroomed house which has been let as a 4 bedroomed property for nearly 20 years. To the rear is a one bedroomed detached Coach House which would provide further rental income.
The Coach House has had a recent refurbishment and has a Lawful Development Certificate for use as a separate dwelling house. There is a gated car port which in turn gives rear access and an enclosed, paved rear garden.
Potential rental income of £19,000 per annum on the main house and £9,000 per annum on the Coach House.
With built in under stair cupboard and radiator.
Bay window to front elevation, radiator.
Window to rear elevation, radiator.
Fitted units with worktops and tiled splashback, sink with drainer, electric hob with oven below and extractor, boiler, window to rear elevation, door to side elevation leading into courtyard.
Built in cupboard, access to loft.
Bay window to front elevation, radiator.
Window to front elevation, radiator.
Window to rear elevation, radiator.
Low level W/C, radiator, window to rear elevation.
Built in cupboard.
Bath with electric shower, pedestal wash hand basin, radiator, frosted window to rear elevation.
Paved, low maintenance garden.
Door to front elevation, double doors and window to front elevation, electric heater.
Fitted units with worktop and tiled splashback, sink with drainer, electric hob with oven below and extractor, sky light window.
Shower cubicle with electric shower, wash hand basin, low level W/C, heated towel rail.
Two windows to front elevation, electric heater, sky light window.
Small walled garden to front. Gated Car Port. Enclosed, paved rear gardens.
We have been made aware this property is in the South Highfields <br>conservation area/Article 4 Area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Solid brick.
Standard 15 mbps, Superfast 79 mbps and Ultrafast 1000 mbps are available in this location
EE, O2, Vodaphone and Three are available in this location.
Sky, Virgin and BT are available in this location.
Freehold. Vacant possession upon completion.
- Heating Supply: Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Covered
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price.
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.
