7 bedroom Terraced House in Coalville

9 Silver Street, Whitwick, Coalville, Leicestershire LE67 5EW
  • Lot No: 65
  • Property Type: Terraced House
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £145,000+ plus fees

Result Sold Prior to Auction

Property Description

DRAFT DETAILS A substantial three storey property which was designed for use as a 6-7 bedroom HMO type property. The current owners have upgraded the house and it has been let to 4 tenants due to the sellers never applying for a HMO license. We are informed by the sellers that the council are in favour of its use as a HMO. If a license was granted the potential income would be £25,000 - £30,000 per annum. Well placed for local amenities and a free car park and well placed for Bardon Business Park which houses the likes of Amazon, Canon, Laura Ashley and numerous other big brand names. The property could do with some TLC but benefits from gas central heating, uPVC double glazing and modern kitchen and bathroom. There are 6-7 letting bedrooms, three communal bathrooms, one en-suite and and a self contained letting unit to the top floor with further bathroom.

Ground Floor

Reception Hallway Communal Fitted Kitchen Dining Room Bathroom Shower Room Lounge / Bedroom One Bedroom Two Bedroom Three


First Floor

Landing Bedroom Four Bedroom Five Bedroom Six with En-suite Communal Shower Room


Second Floor

A self-contained letting unit comprising of - Sitting Area Kitchenette Bedroom Shower Room


Outside

Rear garden with patio area but in need of a tidy up.


Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.