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12 bedroom property for sale

Cross Street, Wigston, Leicester, LE18 2LD

Guide Price* £35,000

Property Description

Key features

  • FREEHOLD GROUND RENT INVESTMENT

Full description

Tenure: Leasehold

Sold for £39,000. For Sale by Public Auction on 23/11/2016

Location:
The block of flats are located off Bull Head Street and to the rear of Wigston Fire Station.

Description:
A freehold investment subject to existing ground leases for a block of 12 flats comprising 10 x 1 bedroom and 2 x 2 bedroom.


Tenure
Freehold investment subject to long leases.
Each flat is let on a ground lease for 999 years from 1 January 2008.
Fixed income of £150 pa per flat.
Total rental income: £1,800 pa.

Solicitors
Lawson-West, 241 Uppingham Road, Leicester LE5 4DG
Tel: (0116) 212 1117 ~ Ref: K Odedra

Listing History

Added on Rightmove:
24 October 2016

Map & Street View

Disclaimer - Property reference 54421. 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 Shonki Brothers Ltd, Leicester - Auctions. 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 Shonki Brothers Ltd, Leicester - Auctions on 01162 543373.


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