11 bedroom detached house for sale11 Bed/1 Bed Studio INVESTMENT PROPERTY - Park Street, Loughborough
- Investment Property
- Past Income £53,950 Pa / 7.9%
- Fully Licensed
- Eleven Bedrooms
- Three Kitchens
- Six Bath/Shower Rooms
- One Self Contained Flat
- Epc Grade : E
INVESTMENT PROPERTY - The property is fully licensed and has a superb letting history and is being sold as seen to include all fixtures, fittings and furniture. When let to 11 students this property demands an income of £58,680.00 PA exclusive of bills. This would yield at 8.6%.
These types of investment properties in Loughborough are rarely available to purchase. Situated in a popular student letting location this property is one of a kind and viewing is recommended to appreciate the size of accommodation on offer.
The property is a split of an eleven bedroom property over three floors and one self-contained flat. The main property consists from storm porch, entrance hall, lounge/diner, fitted kitchen with utility off, bathroom and three bedroom to the ground floor. To the first floor there are six bedrooms, two bathrooms, one shower room and a kitchen. To the second floor there is a kitchen, bathroom and two further bedrooms with one having and en suite shower room.
The self-contained flat is completely separate from the main property with its own separate entrance and the flat consist from open plan living kitchen, one bedrooms and shower room. Call our office today for more information.
Floorplan - Ground Floor -
Floorplan - First Floor -
Floorplan - Second Floor -
The Main Property -
Lounge Diner -
Lounge Diner -
Kitchen On The Ground Floor -
Bedroom To The Ground Floor -
Kitchen To The First Floor -
Bathroom To The First Floor -
Shower Room To The First Fl -
Self Contained Flat -
Open Living Kitchen -
Shower Room -
Current Management - The property is presently fully managed by Nicholas Humphreys at 39 Ashby Road, Loughborough, LE11 3AA.
Upon legal completion the management will continue on behalf of the purchaser on the following terms and conditions.
10% management fee plus VAT
Half of the first month's rent finder fee plus VAT
Should the buyer wish to take over the management of the property then an invoice for the remaining term will be raised on our introduction only rate of 7% plus VAT.
Request A Viewing - Please contact Jessica, Ben, Michlele or Eddy at the office to arrange your viewing.
All viewings are by appointment only.
Free Valuations - If you have a property to sell please contact us to arrange your free valuation.
Local Authority - Charnwood Borough Council, Southfields, Loughborough, Leicestershire, LE11 2TU.
Fixtures, Fittings & Appl. - The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.
Internal Photographs - Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.
Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.
Money Laundering - Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.
General Note - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.
Hours Of Business - Our office is open Monday to Friday 9am till 5.30pm and Saturday, 9am till 4pm.
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