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Milligan Road, Leicester, LE2

PROPERTY TYPE

End of Terrace

BEDROOMS

5

BATHROOMS

2

SIZE

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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

  • This property is for sale by the Modern Method of Auction
  • Great Investment Opportunity
  • Licensed 5 Bedroom HMO Property
  • Freehold Property
  • Three Storey Terraced House
  • Two Bathrooms
  • Garage
  • Double Glazed
  • Gas Central Heating

Description

Investment Opportunity: Five-Bedroom Licensed HMO – Milligan Road, Aylestone, LE2. This property is for sale by the Modern Method of Auction

A five-bedroom, two-bathroom end-of-terrace property offering an excellent investment opportunity in Aylestone.

Set over three floors, the property comprises:

  • Five double bedrooms

  • Two shower rooms

  • Fitted kitchen

  • A lounge

  • Cellar

Externally, the property benefits from a private patio area and a garage, providing both outdoor space and convenient parking or storage space.

Potential rental income: £1,600 per calendar month.

Agents note: The HMO license is not transferable. The buyer would need to apply for a new license.

This property presents an ideal opportunity for investors seeking for a rental property in a popular residential area.

Tenure: Freehold
Council tax band: G
EPC Rating: 52 E
Broadband speed available at the address: Basic (ADSL)10mb, Superfast (FTTC)65mb, Ultrafast (FTTP)1800mb, Overall (Maximum)1800mb

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Free Property Valuation

Thinking of selling? We’d be delighted to provide you with a free market appraisal of your property.

Contact our office to arrange an appointment!

Or follow the link on our website!


EPC Rating: E

Yard

There is a small yard outside that leads to the garage. Also a pedestrian gate.

Parking - Garage

The property benefits from a detached single garage.

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: G
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.
Private garden
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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Milligan Road, Leicester, LE2

Approximate location

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Affordability

Monthly repayments£1,279
Property: £ 255,000
Deposit: £ 25,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Focus Property Sales and Management, Leicester

115 Clarendon Park Road, Leicester, LE2 3AH

Thank you for taking the time to visit our page here at Focus Property Sales & Management.

With more than 50 years combined experience we believe that we know what is important and how best to help our clients. Whether you are looking to buy your first home or moving on to your next, we will ensure that the process is explained from the outset, clients? expectations are set and we will stick to our promises.

If you are looking to rent or if you are a landlord, our lettings team can help with everything you may need. Tenants can sit back and relax while we work to ensure a smooth viewing to move in and beyond.

Having worked with individual investors for more than 20 years we can offer help, from sourcing the next property for your portfolio through to renovation and of course finding the best tenants. If you already have a portfolio, when was it last reviewed to check the rents meet with the current markets? By helping our landlords achieve the best rental figures we, more often than not, cover our own management fees.

We have combined good, old-fashioned values with state-of-the-art technology to bring you the best experience possible.

Our viewing team will ensure that properties are shown in the best light and that we are there to give honest and unbiased advice to tenants and buyers alike.

In short, our ethos is that we care about what we do. As a small company, we are able to offer the individual attention to each and every property and customer. Our goal is to make your experience happy and stress-free.

Contact us now for an informal chat about how best we can help you achieve your goal.

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Disclaimer - Property reference 10bbe7c9-1770-41da-b179-d6c4e8510c90. 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 Focus Property Sales and Management, 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 Focus Property Sales and Management, Leicester on 0116 502 3265.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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