Terraced House in Leicester

58 Wilberforce Road, Leicester, LE3 0GU
  • Lot No: 97
  • Property Type: Terraced House
  • Contract Type: Unconditional with Fixed Fee
Sell my Home Estate Agents

Guide Price* £225,000+ plus fees

Property Description

DRAFT DETAILS - A substantial three storey investment property currently offered with a return of £19,800 per annum. The property is situated close to the popular Narborough Road area of Leicester providing good access for De Montfort University, Leicester Royal Infirmary and all local amenities. The property is currently arranged as four flats. It has been let like this for numerous years but planning permission/certificate of lawfulness has not been obtained. Currently it comprises 3 x studio flats and 1 x one bedroomed flat. The units are all in good order and part let with a combined income of £19,800 per annum. The owner pays for the utilities and council tax. The auctioneers have not inspected internally but believe it to comprise -

FLAT ONE

Lounge/Bedroom Kitchen Shower Room


FLAT TWO

Hallway Lounge/Kitchen/Bedroom Shower Room Toilet Rear Lobby


FLAT THREE

Lounge/Bedroom Kitchen Shower Room This unit has individual rooms.


FLAT FOUR

Hallway Lounge/Kitchen Shower Room Bedroom


Outside

The property has a small fore-garden and rear yard.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.

Auction Details

Date 28th January 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

58 Wilberforce Road, Leicester, LE3 0GU