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Studio flat for sale
Flat 303, The Print House, 58 Woodgate, Loughborough, Leicestershire LE11 2QD
£9,000
Flat 303, The Print House, 58 Woodgate, Loughborough, Leicestershire LE11 2QD
£9,000
Our Summary
- For sale on 27 February 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- 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)
Description
A purpose-built student pod in a modern apartment block in Loughborough is up for auction. The property is a Classic En-Suite room with furniture, including a desk, wardrobe, bed, and mini fridge, and an en-suite shower room. The building has communal areas, including a lounge, kitchen, laundry room, and bike store. The property is fully managed by the building management company, making it a hands-off investment. The current rental income is £5,865 per year, paid quarterly, with a net income of £2,265 per year, giving a yield of 25% based on the current guide price. The property is leasehold with 240 years remaining on the lease, and the sale will take place online with live auctioneers.