Mid-terraced House
Guide Price: £88,000+
For sale by auction – Thursday 2nd October 2014
At Leicester City Football Club, King Power Stadium, Filbert Street,
Leicester LE2 7FL
Commencing at 11.30 am
A traditional Victorian mid terraced property located in a popular location within Loughborough town centre. Currently let to 3 students at £9000 per annum.
The property is in good condition throughout and is very realistically priced to offer a great return.
In brief the property comprises-
Bedroom 3 3.5m x 3.5m
Sitting Room 3.6m x 3.5m
Cellar
Kitchen 3.15m x 1.75m
Stairs and Landing
Bedroom 1 3.45m x 3.55m
Bedroom 2 3.64m x 2.5m
Bathroom
Externally
Rear garden with shared side access.
Tenure
Freehold subject to tenancy
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
*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, would ordinarily 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 Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
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 credit card deposits.
The sale of each lot is subject to a buyers fee of £750 (including VAT) payable on the fall of the hammer.
Terraced House
2/3 Letting Bedrooms
Student Let Property
Rental Income of £9,000 per annum
Close to Town Centre
