6 bedroom House of Multiple Occupation in Loughborough

181 Park Road, Loughborough, Leicestershire LE11 2HE
  • Lot No: 51
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £260,000+ plus fees

Result Sold at Auction £280,000

Property Description

A six bedroomed HMO property situated in a great location within Loughborough. Article 4 Status. Let at £30,000 per annum. An extended semi-detached property which now offers six letting bedrooms, two bathrooms and spacious communal lounge/kitchen/dining areas. Well placed for local amenities along Epinal Way and within close proximity to Loughborough University. The property is now rented on a company let at £2,500 per calendar month / £30,000 per annum. The tenant pays their own utilities and bills. New three year lease from 1st February 2023. The property has a great letting history and was previously let to six students.

Reception Hallway

Door to front, radiator and stairs that lead to the first floor.


Lounge / Dining Room - 4.57m x 7.39m (15 x 24ft 3)

Patio doors to the rear, window to the side, three light points, two radiators, smoke alarm and laminate flooring. TV and internet point.


Kitchen - 2.08m x 4.62m (6ft 10 x 15ft 2)

Window to the side and rear, light point, tiled flooring and radiator. Fully fitted kitchen with a full range of wall and base units having tiled splash backs. Inset sink and drainer, built in electric oven, gas hob and extractor fan. Plumbing for washing machine and dishwasher.


Bedroom One - 3.25m x 4.14m (10ft 8 x 13ft 7)

Window to the front, light point and radiator. Laminate flooring.


Bedroom Two - 2.34m x 4.22m (7ft 8 x 13ft 10)

Window to the rear, light point and radiator and laminate flooring.


Bathroom

Having fully tiled walls and flooring, radiator, light point and extractor fan.<br>Low flush WC, wash hand basin and bath with shower above.


Office / Utility

Laminate flooring and built in desk space.


Landing

Two light points and two smoke alarm.


Bedroom Three - 3.05m x 3.33m (10ft x 10ft 11)

Window to the front, light point, radiator and built in wardrobes.


Bedroom Four - 2.59m x 4.57m (8ft 6 x 15ft)

Having window to the rear, light point and two radiators.


Bedroom Five - 2.24m x 4.22m (7ft 4 x 13ft 10)

Having window to the rear, light point and radiator.


Bedroom Six - 2.39m x 4.39m (7ft 10 x 14ft 5)

Having window to the front, light point and radiator.


Bathroom

Tiled flooring, part tiled walls. radiator and light point. Extractor fan. Bath with shower above, low flush WC and wash hand basin.


Outside

Off road parking to the front for two cars. Access to the front door and storage to the front of the property. To the rear there is a good sized garden with lawn and patio.


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 27th April 2023

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

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

Map

181 Park Road, Loughborough, Leicestershire LE11 2HE