Leicester Road, Loughborough, LE11

£365,000
  • 4 beds
  • 3 baths
  • 3 reception
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

Key Features

  • Investment Opportunity
  • Three Self-Contained Flats
  • Off Road Parking
  • No Upward Chain
  • Freehold Property
  • Lovely Rear Enclosed Gardens
  • Professional Lets
  • Gross Income £27,084 PA
  • Yield 7.42%
  • Potential to extend (STPP)

Description

THREE SELF-CONTAINED FLATS & PARKING - CHAIN FREE

This superb conversion comprises of three self-contained flats situated within a prime location on the perimeters of the Town Centre whilst being well served for an array of local amenities, Loughborough University and the Railway Station. This well presented living accommodation is currently let to professionals and briefly includes: three well appointed self contained flats, (1 x 2 bed / 2 x 1bed) each with their own kitchen, living rooms, double bedroom(s), shower or bathrooms and GCH.

Current Gross Rental Income £27,084 PA, Yield 7.42%,
Offering potential for rental uptake.
This great investment opportunity is offered as a ‘going
concern’ with existing Assured Shorthold Tenancy agreements.

FIRST FLOOR FLAT - 196A:
Council Tax Band A
EPC D

Private Entrance to Flat A – Accessed via front entrance door with stairs leading to first floor;
Kitchen 2.27m x 2.25m – Having a range of wall and base units, sink with drainer, free standing appliances, radiator and UPVC double glazed window to front elevation.
Bedroom 3.91m x 3.67m – UPVC double glazed window to rear elevation and radiator.
Lounge 3.89m x 3.64m – UPVC double glazed window to front elevation and radiator.
Bathroom – UPVC double glazed window to side elevation, panelled bath with mixer tap shower, pedestal wash basin, W.C and radiator.
Parking - Off road parking to front elevation

GROUND FLOOR FLAT - 196B:
Council Tax Band A
EPC D

Private Entrance to Flat B - Accessed via side entrance door
Kitchen 2.21m x 2.15m – Having a range of wall and base units, sink with drainer, free standing appliance, oven and electric hob and UPVC double glazed window to side elevation.
Lounge 3.91m x 3.66m – UPVC double glazed bay window to front elevation and radiator.
Shower Room – UPVC double glazed window to side elevation, shower cubicle, hand wash basin, W.C and radiator.
Bedroom 3.91m x3.9m - UPVC double glazed windows and French doors opening onto rear patio area and radiator.
Parking - Off road parking to front elevation

GROUND & FIRST FLOOR FLAT - 196C:
Council Tax Band A
EPC C

Private Entrance to Flat C is accessed via side entrance door to rear of gates:
Kitchen/Diner 4.33m x 1.98m – Having a range of base units and wall unit, gas hob, oven, sink with drainer, storage area under stairs and UPVC double glazed window to side elevation.
Lounge 4.34m x 3.45m – UPVC double glazed window to side elevation, double glazed patio doors providing access to the rear garden and radiator.
Stairs to Landing from hallway
Bathroom – Panelled bath with shower over, W.C, pedestal wash basin, radiator and UPVC double glazed window to side elevation.
Bedroom Two 3.19m x 1.89m – UPVC double glazed window to side elevation and radiator.
Master Bedroom 4.35m x 2.66m – UPVC double glazed window to rear elevation and radiator.

Externally, the property has a private rear garden.
Parking - Off road parking to the front elevation

Council Tax Band: A.

Calculate stamp duty online
£

Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Leicester Road, Loughborough, LE11

£365,000
  • 4 beds
  • 3 baths
  • 3 reception
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

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