• terraced house
  • bedrooms

Property photos

Property description

Fantastic Investment opportunity - 10 BED HMO

Guide Price: £470,000+

For sale by online auction on 08/05/2023 12:00, ending on 08/05/2023 17:45.

UK property Group are excited to bring to the market this excellent opportunity to acquire this amazing 10 Bed located in a popular location in Leicester.

PROPERTY PARTICULARS (please note we are currently awaiting up to date particulars)

This prominent building comprises of 10 Bedrooms, an open plan Kitchen/dining/lounge area. 5 bathroom/shower rooms and external separate self contained accommodation.

ACCOMODATION

Ground Floor
Entrance hall leads through to ground floor bedrooms , open plan lounge / kitchen dining area and bathrooms.

First Floor
Split Landing area leads through to good sized bedrooms and additional bathroom/shower rooms.

Second Floor
Landing area leads through to good sized bedrooms and addition bathroom/shower rooms.

EXTERIOR REAR

Property benefits from a separate self contained unit with kitchen and bathroom facilities.

LOCATION
Property is situated in a popular residential area in Leicester, With a high demand for rental accommodation. Property is close to all local amenities and close to Leicester Royal Infirmary Hospital .

INCOME
Property has the potential to achieve well in excess of £3000 PCM Property currently benefits from a sui generis license.

Terms of Sale
Property is for sale by the modern method of auction. This is an unconditional sale. The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer.
In addition, a 3% Buyers Premium, Subject to a minimum £6000 and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre- Auction Offers
Some vendors will accept offers prior to auction however these are to be above the guide price to be considered.

General
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact Uk Property and we will be pleased to check the position for you.The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.

Services
Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Anti-Money Laundering Regulations:
In line with anti-money Laundering regulations Intending purchasers will be asked to produce identification documentation and maybe proof of funds when submitting an offer to purchase the property.

Particulars
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers. Neither Uk Property Group or any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
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First listed

Over a month ago

Energy Performance Certificate

10 bedroom end of terrace house for sale - document

Leicestershire, LE5 0SA

Marketed by

UK Property Auctions - Melton Mowbray The Croft Melton Road Hickling Pastures, Melton Mowbray LE14 3QG Contact agent

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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by UK Property Auctions - Melton Mowbray. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact UK Property Auctions - Melton Mowbray for full details and further information.
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