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4 bedroom apartment for sale

2 & 2a Warren Street, Off Tudor Road, Leicester, LE3 5JR

Sold STC £125,000

Property Description

Key features

  • Large three storey corner property converted into two flats
  • Fully let with a rental income of 10,020 per annum
  • Popular residential area close to city centre
  • Excellent buy to let investment
  • EPC Rating: E & F

Full description

For sale by auction on Thursday 24th November 2016
At Leicester City Football Club, King Power Stadium, Filbert Way, Leicester, LE2 7FL
Commencing at 11:30 am

A large three storey corner property converted into two flats

A large, 3 storey corner property which has been split into two flats. 1x 1 bedroom and 1x 2/3 bedroom. General good order throughout including modern kitchens and bathrooms and UPVC double glazing.

Fully let with a rental income of £10,020 per annum but with scope for increase. Current return of 8%.

Located in a popular residential area close to the city centre and local amenities.

Planning was granted, but now lapsed to convert the property to 3 self-contained flats.


Flat 2 (Ground Floor) Let at £395 pcm.


Lounge

4.75m max x 3.87m
Window to the side


Kitchen

4.31m x 2.46m
Modern range of units, oven hob and hood, breakfast bar and window to the side.


Cellar Room

4.13m x 4.01m
Fully plastered with carpet flooring heater and two windows


Bedroom

With windows to the front and side.


Bathroom

Modern white suite comprising low flush w.c. wash hand basin and shower cubicle and window to the side.


Flat 2a (First & Second Floor) Let at £440 pcm.


Reception Hallway

With stairs leading to first floor.


Lounge

4.02m x 3.48m
With window to the front.


Dining Kitchen

3.90m x 3.48m
With a range of modern units, oven, hob and extractor, roll top worktops, space for table and chairs and window.


Study / Bedroom 3

2.44m x 2.15m
With a velux window.


Bathroom

Modern white suite comprising low flush w.c. wash hand basin, shower cubicle and window to the side.


Second floor landing


Bedroom

1 4.30m x 3.70m
Window to the front.


En-suite

Low flush w.c shower cubicle and basin.


Bedroom

2 3.90m x 3.20m
With window to the rear.


Outside

Communal garden and bin store area.


Tenure
Freehold


Viewings
11 November 12:00 - 12:30
16 November 12:00 - 12:30

Viewing Details

By arrangement with the auctioneer 0116 254 9654 or can be booked online at www.sdlgrahampenny.co.uk


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 the auction day. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.


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 deposits.

The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.


*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.sdlgrahampenny.co.uk/glossary.


Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlgrahampenny.co.uk on the sales details page or in the legal pack.



Listing History

Added on Rightmove:
19 October 2016

Map & Street View

Disclaimer - Property reference gp_leicester_1440365_2544. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SDL Auctions Graham Penny, Nottingham . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Auctions Graham Penny, Nottingham on 01159 588702.


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