>
1 bedroom house for sale
47 & 47A Bell Street, Wigston, Leicestershire LE18 1AD
£145,000
47 & 47A Bell Street, Wigston, Leicestershire LE18 1AD
£145,000
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
- A freehold investment opportunity comprising of a ground floor retail shop with office / flat above
- A superb, high yield, investment opportunity in desirable location
- 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
For sale is a freehold investment opportunity consisting of a ground floor retail shop with office/flat above, located in a busy parade of shops in the town center. The property has been recently converted and upgraded, and is in excellent condition throughout. The ground floor retail shop is let at £10,000 per annum, while the upper floors are offered vacant but with an estimated rental value of approximately £9,000 per annum, resulting in a total estimated rental income of £19,000-£20,000 per annum. The property offers a potential yield of over 12% and is a superb investment opportunity in a desirable location.