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113 Station Street, Loughborough, Leicestershire LE11 5EG

Lot no: 52 Withdrawn Post
 

Guide Price £230,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 27th April 2023

10.00am
Key Features
  • Four bedroom HMO property
  • Let at £20,400 exclusive of bills
  • Golden Triangle location
  • Good order throughout
  • Great investment
  • EPC Rating: D
  • Council Tax Band: A
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Withdrawn Post

House of Multiple Occupation

Property Description:

A four share HMO property located within Loughboroughs Golden Triangle. A superb and sought after student letting location.

The property is currently let for the 2022-2023 academic year at £20,400 per annum.

In good order throughout with uPVC double glazing and gas central heating.

Four bedrooms, two bathrooms, communal kitchen and lounge. Garden to rear.

A superb investment opportunity which rarely come available in this location.

LOUNGE 3.61m (11ft 10) x 3.78m (12ft 5)

WIth radiator, window to rear and stairs off.

KITCHEN 3.10m (10ft 2) x 1.82m (6ft)

Window to the side, wall mounted boiler. Full range of wall and base units having inset sink and drainer, built in cooker, hob and extractor fan. There is also plumbing for washing machine and a space for a fridge freezer.

BEDROOM ONE 3.61m (11ft 10) x 3.61m (11ft 10)

With radiator and window to front aspect.

REAR LOBBY

Having tiled flooring and door to the side.

BATHROOM

Window to the side, light point, tiled flooring, extractor fan and radiator. Having bath with shower above, low flush WC and wash hand basin.

LANDING

Having light point and stairs to the second floor.

BEDROOM TWO 3.63m (11ft 11) x 2.59m (8ft 6)

Window to the front, light point, radiator and TV point.

BEDROOM THREE 3.91m (12ft 10) x 2.72m (8ft 11)

Window to the rear, light point and radiator.

BATHROOM

Window to the rear, light point, radiator. Modern fitted suite having bath with shower above, low flush WC and wash hand basin.

SECOND FLOOR - BEDROOM FOUR 3.25m (10ft 8) x 5.38m (17ft 8)

Having two windows to the rear, radiator smoke alarm and light point.

Outside

Shard side access leads to the rear garden with patio area and small lawn.

Tenure:

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.