fbpx

Villa in Leicester

15 Westcotes Drive, Leicester, Leicestershire LE3 0QT

Lot no: 24 Property type: Villa Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £200,000+plus fees Result Sold at Auction £301,000



A substantial three storey, 6/7 bedroomed HMO property in with a great history of rental.

Property Description

HMO Planning ref: 20180013 Great condition throughout and benefitting from GCH and UPVC double glazing. Modern kitchen, bathroom and décor throughout. The property is situated yards away from Narborough Road making it ideal for letting to students and is within walking distance to the bars and restaurants, DeMontfort University and the Royal Infirmary Hospital. The property would bring in a rental income of around £28,000 per annum. A great buy to let investment which would give a return of around 14%

Reception Hallway

With original tiled floor.

Cellar

4m x 3.50m. Housing the electric mater and modern consumer unit.

Bedroom One

5.07m x 3.49m. With Bay window to the front aspect.

Sitting Room

4.10m x 2.86m. With Cast iron fireplace and French doors leading to the rear garden.

Breakfast Kitchen

5.60m x 2.71m. With an extensive range of modern base and wall units, space for appliances, worktops and window to the side aspect.

Rear Lobby

With door to the rear garden.

Shower Room

With a modern suite of w.c. wash hand basin, shower cubicle, part tiled walls and window to the side.

Landing

With window to the side.

Bedroom Two

5.07m x 4.70m. Cast fireplace and bay window to the front.

Bedroom Three

4.10m x 2.90m. Cast fireplace and window to the rear.

Bedroom Four

2.70m x2.80m. Window to the rear.

Bathroom

Low flush w.c. wash hand basin in vanity unit, bath with shower over, fully tiled walls and floor, heated towel rail and window to the side aspect.

Second Floor

Landing

Bedroom Five

4.30m x 4.25m. Window to the front aspect.

Bedroom Six

4.10m x 2.90m. Window to the rear aspect.

Outside

The property has a small fore-garden and an enclosed rear garden with decking and rear gated access.

Tenure

Freehold. Vacant possession upon completion.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.