585 Aylestone Road, Leicester LE2 8TD

A large end terraced property which has been converted to provide - two x one bedroom flats.

The flats are self-contained and have their own utility supplies and meters. Each flat has a parking space to the front and the ground floor flat has use of the rear garden.

Let on assured shorthold tenancies with a combined income of £1095 pcm/£13,140 per annum.

Each flat benefits from gas central heating and uPVC double glazing.

Well placed for a great range of local amenities including shops, parks, schooling and supermarkets as well as having excellent transport links to the City Centre, Fosse Shopping Park and the Motorway network.

A great investment opportunity with income from day one.

Ground Floor Flat- Let at £520 pcm
Lounge/Diner 5.30m x 3.17m, Inner Hallway, Kitchen 3.00m x 2.06m, Bedroom 3.13m x 3.03m, Bathroom/W.C.

First Floor Flat - Let at £575 pcm
Landing, Lounge/Diner 5.40m x 4.22m, Kitchen 4.00m x 2.06m, Bedroom 3.83m x 3.13m, Bathroom/W.C.

Outside
Each flat has one parking space each to the front. Shared side access leads to the rear garden which is fully enclosed.

Note to Buyers
We have not been supplied with evidence of rent increase from the tenancy agreements within the legal pack and therefore we cannot confirm the rental figure given in our marketing. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details
These sales details are awaiting vendor approval.

Subject to a tenancy

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.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

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 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

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).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.