House of Multiple Occupation
A six bedroomed HMO property situated in a great location within Loughborough. Article 4 Status. Let at £30,000 per annum.
An extended semi-detached property which now offers six letting bedrooms, two bathrooms and spacious communal lounge/kitchen/dining areas.
Well placed for local amenities along Epinal Way and within close proximity to Loughborough University.
The property is now rented on a company let at £2,500 per calendar month / £30,000 per annum.
The tenant pays their own utilities and bills. New three year lease from 1st February 2023.
The property has a great letting history and was previously let to six students.
Door to front, radiator and stairs that lead to the first floor.
Patio doors to the rear, window to the side, three light points, two radiators, smoke alarm and laminate flooring. TV and internet point.
Window to the side and rear, light point, tiled flooring and radiator. Fully fitted kitchen with a full range of wall and base units having tiled splash backs. Inset sink and drainer, built in electric oven, gas hob and extractor fan. Plumbing for washing machine and dishwasher.
Window to the front, light point and radiator. Laminate flooring.
Window to the rear, light point and radiator and laminate flooring.
Having fully tiled walls and flooring, radiator, light point and extractor fan.<br>Low flush WC, wash hand basin and bath with shower above.
Laminate flooring and built in desk space.
Two light points and two smoke alarm.
Window to the front, light point, radiator and built in wardrobes.
Having window to the rear, light point and two radiators.
Having window to the rear, light point and radiator.
Having window to the front, light point and radiator.
Tiled flooring, part tiled walls. radiator and light point. Extractor fan. Bath with shower above, low flush WC and wash hand basin.
Off road parking to the front for two cars. Access to the front door and storage to the front of the property. To the rear there is a good sized garden with lawn and patio.
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
