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2 & 2a Warren Street, Off Tudor Road, Leicester, LE3 5JR

Lot no: 12 Sold at Auction for £142,000
 

Guide Price £125,000+ plus fees


Thursday 24th November 2016

11.30am
Key Features
  • Large three storey corner property converted into two flats
  • Fully let with a rental income of £10,020 per annum
  • Popular residential area close to city centre
  • Excellent buy to let investment
  • EPC Rating: E & F
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Sold at Auction for £142,000

Apartment

Property Description:

A large, 3 storey corner property which has been split into two flats. 1x 1 bedroom and 1x 2/3 bedroom. General good order throughout including modern kitchens and bathrooms and UPVC double glazing.

Fully let with a rental income of £10,020 per annum but with scope for increase. Current return of 8%.

Located in a popular residential area close to the city centre and local amenities.

Planning was granted, but now lapsed to convert the property to 3 self-contained flats.

Flat 2 (Ground Floor) Let at £395 pcm.
Lounge

4.75m max x 3.87m
Window to the side

Kitchen

4.31m x 2.46m
Modern range of units, oven hob and hood, breakfast bar and window to the side.

Cellar Room

4.13m x 4.01m
Fully plastered with carpet flooring heater and two windows

Bedroom

With windows to the front and side.

Bathroom

Modern white suite comprising low flush w.c. wash hand basin and shower cubicle and window to the side.

Flat 2a (First & Second Floor) Let at £440 pcm.
Reception Hallway

With stairs leading to first floor.

Lounge

4.02m x 3.48m
With window to the front.

Dining Kitchen

3.90m x 3.48m
With a range of modern units, oven, hob and extractor, roll top worktops, space for table and chairs and window.

Study / Bedroom 3

2.44m x 2.15m
With a velux window.

Bathroom

Modern white suite comprising low flush w.c. wash hand basin, shower cubicle and window to the side.

Second floor landing
Bedroom

1 4.30m x 3.70m
Window to the front.

En-suite

Low flush w.c shower cubicle and basin.

Bedroom

2 3.90m x 3.20m
With window to the rear.

Outside

Communal garden and bin store area.

Tenure:

Freehold. Subject to tenancy.