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6 Severn Street, Highfields, Leicester, LE2 0NN

Lot no: 29.0 Sold at Auction for £186,000
 

Guide Price £125,000 plus fees


Thursday 14th August 2014

12.00am
Key Features
Substantial Villa Converted to 3 flats
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Sold at Auction for £186,000

End of Terrace

Property Description

For sale by auction – Thursday 14th August 2014

At Leicester City Football Club, King Power Stadium, Filbert Street,

Leicester LE2 7FL

Commencing at 11.30 am



Sold on behalf of the joint LPA receivers.

 

A handsome Victorian 3 storey Villa property which has been converted into 3 self-contained flats. The flats all currently rented out and give an annual rental income of £11,016.

 

The property is well located for a wide range of amenities and is close to the train station and Leicester City Centre.

 

 

Ground floor

Studio flat let out at £268 pcm

 

First floor

One bedroom flat let out at £325pcm

 

Second Floor

One bedroom flat let out at £325 pcm

Externally

Foregarden with central pathway and a small rear garden and timber store.



Tenure

Freehold subject to tenancies.

 

 

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale 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 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

 

Note

The sale of each lot is subject to a buyers fee of £750 (including VAT) payable on the fall of the hammer.



Feature 1

Large Victorian Villa

Feature 2

Converted to 3 Flats

Feature 3

£11,016 per annum rental income

Feature 4

Excellent Location

Tenure: