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10 bedroom end of terrace house for sale
336 Humberstone Road, Leicester, Leicestershire, LE5 0SA
£470,000
336 Humberstone Road, Leicester, Leicestershire, LE5 0SA
£470,000
Our Summary
- Fantastic Investment opportunity - 10 BED HMO Guide Price: £470,000+For sale by online auction on 08/05/2023 12:00, ending on 08/05/2023 17:45
- INCOMEProperty has the potential to achieve well in excess of £3000 PCM Property currently benefits from a sui generis license
- Terms of SaleProperty is for sale by the modern method of auction
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre- Auction OffersSome vendors will accept offers prior to auction however these are to be above the guide price to be considered
Description
This is an excellent investment opportunity to acquire a 10-bedroom HMO located in a popular residential area of Leicester. The property boasts an open-plan kitchen/dining/lounge area, 5 bathrooms, and external self-contained accommodation. The property has the potential to generate well in excess of £3000 per month in rent, with a sui generis license in place. The auction conditions require a full legal completion 28 days following the auction, and the purchaser shall pay a 5% deposit upon the fall of the hammer, subject to a minimum of £5,000. While the agent has not tested the utilities, appliances, or inspected the roof space, they strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.