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House of Multiple Occupation
A substantial, 3 storey, HMO property situated in a highly desirable location.
The property has a HMO license for 5 rooms arranged over 3 floors. It is well presented throughout and benefits from gas central heating and UPVC double glazing.
Extremely large room sizes along with cellar and large loft space, which offer scope to add ensuites, convert to studios or add further bedrooms, subject to required consents.
Offered let at £2800 pcm / £33,600 per annum.
Well placed for the City Centre, Train Station and both University of Leicester and DeMontfort University. The property has an excellent and long letting history.
Hallway, Dining Kitchen, Bedroom 1, Bedroom 2
Large cellar space offering scope for conversion stp.
Landing, Bedroom 3, Bedroom 4, Bathroom, Shower Room
Bedroom 5, further large loft space
We have been made aware this property is in the South Highfields conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Rivers and Seas No Risk. Surface Water Medium
O2, EE, Three and Vodafone are available in this location.
BT, Sky and Virgin are available in this location.
Standard 18 mbps. Ultrafast 1000 mbps.
Solid brick, as built, no insulation (assumed). Information taken from EPC.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Permit
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 (subject to a minimum of £6,000 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.
