4 bedroom House of Multiple Occupation in Leicester

21 Stretton Road, Leicester LE3 6BL
  • Lot No: 23
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £200,000+ plus fees

Result Sold at Auction £220,000

Property Description

A substantial HMO property offering four letting rooms and situated in a desirable location close to DeMontfort University, Braunstone Gate and having a good range of local amenities and public transport links. The property is fully let for the 2021- 2022 academic year at £16,704 per annum, EXCLUSIVE of bills. Easily let to student or professionals. The property has a long letting history and has been successfully let to students every year and managed by Barkers in Leicester for the current owners since 2009. It is fully HMO compliant. The property makes for a superb investment with income from day one and situated in a great letting location.

Ground Floor

Reception Hallway Large Dining Kitchen Bedroom One Bedroom Two


First Floor

Landing Bedroom Three Bedroom Four Bedroom Five Large Bathroom


Outside

Gardens to both the front and rear aspects.


Letting History

2021/2022 - £16,704 exc bills 2020/2021 - £16,704 exc bills 2019/2020 - £12,240 exc bills 2018/2019 - £16,512 exc bills 2017/2018 - £16,320 exc bills


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.

Auction Details

Date 24th February 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

21 Stretton Road, Leicester LE3 6BL