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3 bed property, in High Street, £135,000
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3 bed flat

High Street, Melton Mowbray LE13
Auction
£135,000

Our Summary

  • Situated in the heart of the vibrant market town of Melton Mowbray, 7A High Street presents an attractive opportunity for investors seeking a straightforward refurbishment or flip in a prime central location
  • While already functional, the layout and space offer clear scope to add value through cosmetic upgrades or reconfiguration, subject to the necessary consents
  • This is an ideal opportunity for investors looking to acquire a well-located asset with immediate potential to enhance value and achieve a profitable resale Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
  • This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
  • The property is being sold via a transparent online auction
  • An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction

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Description

The property, located at 7A High Street in Melton Mowbray, is a retail property situated in the town's vibrant heart. It offers approximately 3,185 square feet of accommodation, comprising a kitchen/utility area, lounge/diner, two double bedrooms, office/single bedroom, and a bathroom. The property benefits from recent improvements, including full redecoration in January 2024, a kitchen refresh, loft insulation, and the installation of a new central heating system.

The property is leasehold, with a remaining lease term of 105 years, and is paying an annual ground rent of £100.00.