1 bedroom flat for sale

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1 bedroom flat for sale

58 Woodgate, Loughborough, LE11
£9,500

Our Summary

  • The PropertyTHE GOTO GROUP ARE PLEASED TO OFFER FOR SALE VIA ON LINE AUCTION THIS STUDENT UNIT IN LOUGHBOROUGHThese student apartment blocks are fully managed for you and are a great way of getting a better return on your money than just having the funds sat in a bank account
  • Being Sold by GOTO Online Auction Starting Bids from £9,500 Buy it now option available Please call or visit Purplebricks Online Auctions for more information
  • This property is for sale by Online Auction
  • The Online Modern Method of Auction is a flexible buyer friendly method of purchase

Description

The Goto Group is offering a student unit in Loughborough for sale via online auction. The property is a spacious studio with an en-suite bathroom, already let with a tenant in place, and will generate income from day one. The unit is part of a popular investment block in the town center, with shared facilities including a common room, TV, WiFi, and laundry room. The property is fully managed by the building management company, with a £300 management fee, and yields a fixed return every month. The lease has 125 years remaining and the current vendor has received a quarterly return of £598. The property is being sold with a starting bid of £9,500, with a buy-it-now option available. Potential buyers are advised to download the property's legal pack and conduct their own due diligence before bidding.
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