Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £250,000
5 Bedroom HMO - Income producing
Price Guide - £250k VAT - Not Applicable Tenure - Freehold Use class - HMO Funding - Available subject to status Location - Melton Mowbray town centre
The property is a 2 storey semi detached property located at the busy cross roads, where the town centre meets the Grantham and Nottingham roads. Brick built and rendered under a pitched tile covered roof.
The property has 5 bedrooms, lounge, kitchen and 2 bathrooms
Location - Situated in the Town Centre Melton Mowbray, with Nottingham 17 miles Northwest, Leicester 13 miles Southwest and Grantham 15 miles Northeast.
The location offers excellent access into other local market towns, including Oakham, Loughborough, and Newark. The A1, M1, A46 and M69 motorways are all within 30 minutes. Melton Mowbray railway station is on the midland mainline and is a 5-minute walk away from the High Street.
Melton and Leicestershire boast three outstanding universities and a strong further education (FE) sector comprising an impressive network of universities and colleges, along with a good choice of schools.
Melton Vale Sixth Form College – Ofsted Outstanding provider Brooksby Melton College – Two campuses: one in Melton Town Centre and one in Brooksby, and a strategic link with Stephenson College in Northwest Leicestershire.
Loughborough University 17 miles / 32 mins University of Leicester 18 miles / 40 mins De Montfort University 20 miles / 36 mins
Terms - Offered for sale subject the the tenants in situ 2 of the 5 rooms are occupied with the other 3 under offer subject to references.
The property is being sold via online auction at a guide price of £250,000.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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 P & F Commercial - Oakham. 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 P & F Commercial - Oakham for full details and further information.