Town House
*Guide Price: £75,000+
For sale by auction – Thursday 29th January 2015
At Leicester City Football Club, King Power Stadium, Filbert Street,
Leicester LE2 7FL
Commencing at 11.30 am
Brief Description
A very well presented end town house in a popular location close to shops, schools and the City Centre. Benefitting from GCH and UPVC double glazing.
The property is currently let to friends of the vendors at a rent of £3600 per annum. The estimated current market rent would be £6000-£6500 per annum and therefore give an 8% return.
Entrance
Accessed via double glazed door.
Kitchen
19'1" x 7'1" (5.82m x 2.16m). uPVC windows to front and rear elevations, radiator, range of base and wall units with roll top work surfaces over, single drainer sink unit, space for appliances including plumbing for washing machine and tiled splashbacks.
Lounge
13'1" x 10' (3.99m x 3.05m). uPVC bay window to rear elevation, feature fireplace and radiator.
Rear Lobby
uPVC door to rear garden, laminate flooring and stairs to:
FIRST FLOOR
Landing
Loft access and radiator.
Bathroom
4'10" x 5'1" (1.47m x 1.55m). uPVC window to rear elevation, radiator, bath, wash hand basin and part tiled walls.
Separate WC
4' x 2'1" (1.22m x 0.64m). uPVC window to rear elevation and low level WC.
Bedroom One
10'1" x 13'1" (3.07m x 3.99m). uPVC window to rear elevation, radiator, laminate flooring and wardrobes.
Bedroom Two
9' x 10'10" (2.74m x 3.3m). uPVC window to rear elevation and radiator.
Dressing Room/Bedroom Three
7'1" x 9'11" (2.16m x 3.02m). Radiator, uPVC window to front elevation, airing cupboard and laminate flooring.
OUTSIDE
Front
Small paved frontage and porch, with attached concrete shed.
Rear
Enclosed rear garden with fenced perimeter and gated access.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
*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.
End Town Villa
2/3 Bedrooms
GCH & UPVC Double Glazed Windows
Excellent Buy To Let
EPC Rating: D
