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5 bedroom house of multiple occupation for sale
8 Lincoln Street, Leicester, Leicestershire LE2 0JT
£270,000
8 Lincoln Street, Leicester, Leicestershire LE2 0JT
£270,000
Our Summary
- For sale on 30 January 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
- Extremely large room sizes along with cellar and large loft space, which offer scope to add ensuites, convert to studios or add further bedrooms, subject to required consents
- Ground Floor Hallway, Dining Kitchen, Bedroom 1, Bedroom 2Cellar Large cellar space offering scope for conversion stp
- 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 an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- 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
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Here is a summary of the property description in a single paragraph:
A substantial, three-story HMO property in a desirable location is up for auction. The property has a HMO license for five rooms, with large room sizes, a cellar, and a large loft space offering potential for conversion or additional bedrooms. The property is well-presented with gas central heating and UPVC double glazing, and is let at £2800 pcm, generating £33,600 per annum. The property is well-located near the city center, train station, and universities, with a long and excellent letting history. The property is being sold with a guide price and reserve price, and bidders must register by 5pm the day before the auction to participate.