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22 Wood Street, Earl Shilton, Leicester, Leicestershire LE9 7ND

Lot no: 108 Auction Event
 

Guide Price £350,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 27th November 2025

9.00am
Key Features
  • Council Tax Band: A
  • Block of Four Apartments
  • Recently Converted
  • Excellent Condition Throughout
  • Offered Fully Let
  • Income of £36,600 per annum
  • Three x One Beds and One x Two Bed
  • Superb Investment Opportunity
  • EPC Rating: D D C C
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Block of Apartments

Property Description:

A superb conversion which now offer four spacious, self contained apartments which were converted in 2024.

Three x One Bed Flats and One x Two Bed Flat.

All in excellent order throughout and finished to a high standard with modern kitchen and bathrooms and tasteful decor.

Each flat is self-contained and has has its own utility supplies and meters.

Offered fully let on assured shorthold tenancies with a combined rental income of £36,600 per annum. Offering a yield of over 10%.

Situated in the heart of Earl Shilton close to a great range of shops, bars, restaurants and supermarket. Good transport links close by.

A great, hand off, investment opportunity with rental income from day one and with no works required.

Viewing highly advised.

Flat One - Let at £750 pcm

Lounge, Kitchen, Bedroom, Shower Room.

Flat Two - Let at £716 pcm

Lounge, Kitchen, Bedroom, Shower Room.

Flat Three - Let at £750 pcm

Lounge, Kitchen, Bedroom, Shower Room.

Flat Four - Let at £833 pcm

Lounge, Kitchen, Two Bedrooms, Shower Room.

Ouside

Garden/Yard to rear.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.


Utilities Information
  • Heating Supply: Double Glazing, Electric
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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.