FOR SALE BY AUCTION: Wednesday 14 Dec 2016


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67 Walton Street, Off Narborough Road, Leicester, LE3 0DY

Sold under hammer for £122,500


DESCRIPTION

Freehold Investment. Three bedroom mid terrace property currently let on an Assured Shorthold Tenancy having gas central heating & double glazing. Ideal investment opportunity.

LOCATION

The property can be approached via the main A5460 Narborough Road, continuing over the traffic light junction of Upperton Road, then taking the third left into Walton Street. The property is within walking distance of De Montfort University, Leicester Royal Infirmary and Leicester City Centre.

ACCOMMODATION

Ground Floor:
Lounge, living room, kitchen & utility room.

First Floor:
Landing, three bedrooms, bathroom.

Outside:
Private rear yard.

TENURE

Freehold subject to existing tenancy. The property is currently let on an Assured Shorthold Tenancy from 2nd February 2015 at a rent of £550.00 per calendar month exclusive (£6,600.00 per annum). The tenant is currently holding over.

NOTE

The completion date will be on or before eight weeks following exchange of contracts.

ENERGY PERFORMANCE CERTIFICATE

EPC Rating D

SOLICITORS

Bank Solicitors Limited

TEL:
EMAIL:

*GUIDE PRICE & RESERVES

Definition of Guide Prices:
The guide price is an indication of the seller’s current minimum price expectation at auction and the guide price, or range of guide prices, is given to assist prospective purchasers. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period and bidders will be notified of this change on our website and by the auctioneer prior to the lot being offered.

Definition of Reserve Price:
The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.