5 bedroom End of terrace house in Loughborough

5 Selbourne Street, Loughborough, LE11 1BS
  • Lot No: 4
  • Property Type: End of terrace house
  • Contract Type: Unconditional
Nicholas Humphreys, Leicester

Guide Price* £135,000+ plus fees

Result Sold at Auction £175,000

Property Description

A registered five bedroom HMO property located close to Loughborough town centre. A great ready-made investment which is let to 4 individuals and generating an annual rental income of £17,580. The property benefits from GCH and UPVC double glazing throughout and offer accommodation over 3 floors. All furniture is included in the sale and four of the five bedrooms have their own sinks. Well located close to the excellent range of amenities within Loughborough town centre. We are informed that there is scope to use as a 6 bedroom HMO if an extra shower room was added. Prospective purchasers are to satisfy their own enquiries with the local authority. The accommodation comprises:

Communal Lounge

With bay window to the front aspect.


Large Dining Kitchen

Modern units with twin hobs, twin ovens, fridges, freezers, twin sinks etc to meet with requirements and a dining area.


Rear Lobby

With door to garden.


Bathroom

With four piece suite comprising w.c, wash hand basin, panel bath and separate shower cubicle.


Shower Room

With wc, sink and shower cubicle


Bedroom Five

A large bedroom which was formerly two rooms now converted to one.


Outside

The property has a small garden to the front and a good size rear garden enclosed with brick walling.


Tenure

Freehold


Conditions of Sale The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.   The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.   A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.   *Guide Prices and Reserve Prices Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.   Energy Performance Certificates EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.   Note Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.   Auction Fees The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.   The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.