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No longer on the market

This property is no longer on the market

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11 bedroom block of apartments

Auction
Sold STC
Solar panels
Block of apartments
11 beds
8 baths
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent

Features and description

*FOR SALE BY PUBLIC AUCTION 16TH NOVEMBER 2023 2.00PM. REGISTER TO BID*
A rare opportunity to purchase an unbroken freehold block of flats and two-storey cottage in the sought after village of Anstey.
The current configuration provides a large duplex apartment that has been designed in such a way as to allow conversion to form two smaller units. There is a two-storey, two-bedroomed cottage and five one-bedroomed apartments. There are communal gardens and parking spaces, together with a car port, single and double garage.
With the exception of the duplex apartment, all units are let on assured shorthold tenancies.
This has been a long term investment vehicle and the current rent passing is £37,980 per annum. Once the duplex is converted and market rents are charged, the estimated rental income would be in the region of £60,000 per annum.

Flat 19 - Ground Floor Flat. Let at £500 PCM.
Entrance hall, Lounge 5.31m x 3.24m, Kitchen 2.50m x 2.43m, Bedroom 3.93m x 2.68m, bathroom 2.44m x 1.98m.

Flat 19A - First Floor Flat Let at £345.00 PCM
Entrance hall, Lounge 5.32m x 3.29m, Kitchen 2.50m x 2.58m, Bedroom 4.05m x 2.67m, bathroom 1.96m x 2.28m

Flat 21 - Ground Floor Flat VACANT Offered at a monthly rent of £650.00
Entrance hall, Lounge, 5.31m x 3.24m, Kitchen, 2.43m x 2.50m, Bedroom, 2.698m x 3.93m, bathroom,1.98m x 2.44m

Flat 21A - First-floor Flat let at £650 PCM
Entrance hall, Lounge, 5.34m x 3.34m, Kitchen 2.49m x 2.42m, Bedroom 3.96m x 2.60m, Bathroom 2.27m x 1.99m

Flat 23 - Ground floor flat Let at £420 PCM
Entrance hall, Lounge, 5.34m x 3.23m, Kitchen, 2.39m x 2.56m, Bedroom, 2.73m x 3.86m, Bathroom, 2.44m x 1.98m

23A - Four bedroomed Duplex flat with solar panels serving this flat only. Approached via a first floor balcony, Kitchen,4.74m x 4.17m, lounge, 4.76m x 3.96m, Inner hall, Bedroom, 3.58m x 3.92m, bedroom, 3.25m x 2.67m, Bedroom, 3.93m x 2.38m, Bathroom, 2,47m x 1.92m, second floor, Ensuite Bedroom 4.70m x 4.20m.

No 25 - A two storey cottage Let at £750 PCM
Lounge, 3.72m x 3.69m, Inner lobby with stairs to the first floor, Kitchen 3.70m x 3.68m, Rear lobby, 1.71m x 1.81m, shower room, 1.81m 1.81m, First Floor, bedroom 1, 3.70m x 3.70m, bedroom 2, 3.70m x 3.70m.

Outside - Communal gardens and designated parking spaces for each flat. there is a double and single garage and a car port.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the buyer.

Buyer's Administration Fee - Buyers will be required to pay an auction administration fee of £1,200 inc VAT

Tenure - The property is being sold freehold subject to the assurred shorthold tenancies in place, upon completion. FIXTURES AND FITTINGS - All the items mentioned in these sales details are to be included within the purchase price. SERVICES - None of the services, fitting or appliances (if any) heating installations, plumbing or electrical systems have been tested by the selling agents, neither have the telephone or television points.

Consumer Protection Legislation - CONSUMER PROTECTION LEGISLATION - These sales details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our sales details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the purchaser for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.

Property information from this agent

About this agent

Readings Property Group - Leicester
Readings Property Group - Leicester
48 Granby Street Leicester LE1 1DH
0116 448 9203
Full profileProperty listings
Readings is a growing estate agency based in Leicester. With a heritage going back to 1935 we formed in January 2011 as the result of a merger of two companies, Readings Hope and Mann LLP and Peter James Estates. If you are looking for estate agents in Leicester, we offer exceptional customer service and attention to detail across all services we offer. This means that more and more satisfied customers choose to use and recommend us throughout Leicestershire and further afield. Letting Agents Leicester We have considerable experience in letting properties across Leicestershire and are one of the largest independent letting agents in Leicester. As members of ARLA, you can rest assured that you are dealing with a reputable lettings company. We offer letting agent services for both residential and commercial property and currently have a wide range of properties to let. Houses for Sale in Leicester Readings offer houses for sale in Leicester and Leicestershire. We have a large selection of properties to suit all budgets and needs with houses for sale ranging from investment opportunities to grand family homes, so whether property size, location or style is your priority, we’ll have the property to suit your requirements. Estate Agency Services As industry recognized estate agents, we offer several services besides simply selling and buying houses. These include Estate Agency sales, Lettings and Property Management, Surveys, Valuations, Auctions, Landlord advice and many other property services. We are members of The National Association of Estate Agents (NAEA), Royal Institution of Chartered Surveyors (RICS) and the Association of Residential Letting Agents (ARLA). You can rest assured that whichever of our estate agency services you are using, the staff are highly experienced and knowledgeable- you will receive the highest level of care and advice. Readings are also members of The Property Ombudsman (TPO) and we adhere to strict codes of conduct and practice for your peace of mind. If you are looking for an estate agent in Leicester who will deal with your enquiry efficiently and skillfully to ensure the best outcome for you, contact Readings today on the phone number displayed or press the Contact Agent button.
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