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SOLD STC

Frederick Street, Loughborough

PROPERTY TYPE

End of Terrace

BEDROOMS

6

BATHROOMS

2

SIZE

1,604 sq ft

149 sq m

TENURE
Describes 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

  • OUTSTANDING INVESTMENT OPPORTUNITY
  • 6 BED STUDENT LET
  • HMO LICENSE
  • LET UNTIL 2025/2026
  • RECENTLY RE-FURBISHED
  • GARAGE TO THE REAR
  • FIXTURES AND FITTINGS INCLUDED
  • ASSURED SHORTHOLD TENANCY
  • RARE OPPORTUNITY
  • EARLY INSPECTION ADVISED

Description

** OUTSTANDING INVESTMENT OPPORTUNITY ** 9% GROSS YIELD ** HMO LICENCE ** LET UNTIL 2026 **
An extremely rare opportunity to the open market - a superbly presented and recently re-furbished student let property at the heart of Loughborough town centres prime student letting area. Offered to the market for the first time in its successful 20 year letting history, this spacious property has 6 LETTING ROOMS, along with communal lounge and kitchen, 2 bathrooms and GARAGE. We are pleased to invite genuine investors to view the property.

Letting Information - The property has a solid 20 year letting history, and is a premier property within the owners property portfolio. Opportunities of this nature are rare to the market and we advise potential purchasers to secure an offer at the earliest opportunity.

LET 2024/2025 to 6 students at a total annual gross income of £42,744 (inc an allowance towards utilities of £3,120 p.a.)
LET 2025/2026 to 6 students at a total annual gross income of £43,056 (inc an allowance towards utilities of £3,120 p.a.)

The property comes fully furnished with each bedroom having a bed, along with study and bedroom furniture. The communal lounge has living room furniture, whilst the kitchen comes with a range of appliances. The property is double glazed and gas centrally heated. There is a small rear courtyard garden and a single brick built garage. (VALUE OF FIXTURES/FITTINGS/CARPETS/FURNITURE = £15,000)

The Area - Situated at the heart of the town centre, within arguably one of the most sought after letting locations for students and landlords alike. The property is set within walking distance only yards away from the town centre, leisure centre, various amenities, whilst the University Campus is only 15 mins walk away.

Extra Information - To check the Internet and Mobile coverage you can use the following link: gb/broadband-coverage
To check any Flood Risks you can use the following link: https://check-long-term-flood risk.service.gov.uk/postcode

Brochures

Frederick Street, LoughboroughBrochure
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.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage
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.
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Frederick Street, Loughborough

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About Richard Harrison Estate Agents & Valuers, Loughborough

16 Church Gate, Loughborough, LE11 1UD
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Having helped thousands of people move home in Leicestershire over the last 23 years, Richard is well placed to provide advice and an expert valuation of your property. Creating a bespoke marketing package and selling strategy, ensuring the very best price is achieved to the most suitable buyer within your desired timeframe. Throughout the process, Richard and the team will be on hand personally from initial valuation right through to moving day. Combining the very latest marketing along with traditional values, experience and outstanding personal service. Richard can also provide valuation advice for a range of matters including Probate, Private sale/purchase, development appraisals and much more. Get in touch today to find out how Richard Harrison Estate Agents & Valuers can help you.

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£2,264
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Disclaimer - Property reference 33632730. 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 Richard Harrison Estate Agents & Valuers, Loughborough. 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.

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