Fosse Road North, Leicester
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Four Self-Contained One-Bedroom Flats
- Fully Rental Compliant
- Freehold Ownership
- Development Potential
- Auction
- Prime Investment Opportunity
Description
Potential Yeild Of 8.6%
Additionally, there is previous planning permission for the construction of an additional one-bedroom flat, which would be situated in the rear garden. The garden is fully slabbed, offering low maintenance, and includes two practical outhouses for extra storage. This property provides both immediate rental income and future development potential.
For sale by public auction on Monday 20th January 2025 at 6.30pm at 6.30pm. We offer remote bidding via internet, telephone or proxy. Please contact the auction team on for further information
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)
Buyers Administration Fee
A buyer’s administration fee of £1,800 inc VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date
Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them
Viewings
To view this lot, please contact the selling office
Bidding
Please contact our auction department direct on for further information or email . Further details are available in the catalogue -
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Reserve
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Fosse Road North, Leicester
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About haart, Leicester
34-36 Granby Street, Leicester LE1 1DE
Leicester is a vibrant and multicultural city in the heart of the East Midlands. Trains to London take only an hour, there are services to Birmingham, Cambridge and Stansted Airport, and the city is close to multiple motorways. As the largest economy in the East Midlands, Leicester has seen its population boom in recent years.
There's something for everyone in Leicester, from the Highcross, the city's shopping and entertainment hub, with its 100 stores, restaurants, bars and multiplex cinema, to the New Walk Museum & Art Gallery, and the award-winning National Space Centre. There's also an impressive new visitor centre that tells the story of King Richard III, whose skeleton was found under a car park in the city in 2012.
The haart Leicester branch is open Monday to Saturday at 34-36 Granby Street. Come and see us or give us a call.
haart
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Visit our security centre to find out moreDisclaimer - Property reference 0171_HRT017129645. 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 haart, Leicester. 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.
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 haart, Leicester on 0116 216 5069.
*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.”
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