ROI = 10% BMV = 17.22%
Description

SUMMARY This is an Ideal Buy-To-Let Investment Opportunity, particularly for investors looking for rental income in a well-connected suburban area of Leicester. This three bedroom semi detached property briefly comprises, living room, dining room, kitchen, bathroom and rear yard. DESCRIPTION This three bedroom semi detached property is located in the northern part of Leicester, within the Thurmaston area. It is a well-connected suburban location with good transport links. The property is close to Melton Road, providing easy access to Leicester City Centre and surrounding areas. Leicester train station is about a 15 minute drive way. There are several schools within the area, including Church Hill Junior School and Roundhill Academy. Watermead Country Park is a short drive away. There are local GP practices, dentists and pharmacies serve the area. Auctioneer's Comments  This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. Entrance Hall 8' 8" x 15' 3" ( 2.64m x 4.65m ) Door to the lounge, storage space and stairs leading to the first floor. Lounge 9' 8" x 12' 6" ( 2.95m x 3.81m ) Having bay window to the front, coal fire and radiator. Reception Room Two 9' x 10' ( 2.74m x 3.05m ) Having door leading to the garden, radiator and coal fire. Kitchen 8' 11" x 7' 11" ( 2.72m x 2.41m ) Having laminated flooring, cooker, wall units, stainless steel sink unit and door leading to the garden. Bedroom One 9' x 12' ( 2.74m x 3.66m ) With radiator, window to the front and fully carpeted. Bedroom Two 8' 9" x 19' 10" ( 2.67m x 6.05m ) Window to the garden and radiator. Bedroom Three 8' x 7' 10" ( 2.44m x 2.39m ) Having window to the rear and radiator. Bathroom 2' x 5' ( 0.61m x 1.52m ) Having three piece suite comprising, bath, low level WC and wash hand basin. 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Property Details
  • Property ID: 158916731
  • Added On: 2025-03-04
  • Deal Type: For Sale
  • Property Price: £170,000
  • Bedrooms: 3
  • Bathrooms: 1.00
Amenities
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Investment Opportunity
  • Semi Detached Property
  • Three Bedrooms
  • Rear Yard
  • Good Location