Sold, 3 Bed House - Detached 

Anstey Lane, Leicester

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Features

  • Auction Date: 22nd & 23rd May 2019
  • Three-bedroom detached property
  • Accommodation over two storeys
  • Potential rental income of £850 pcm (£10,200 per annum)
  • Opportunity to add capital value
  • uPVC double glazed windows & GCH
  • Sold with vacant possession
  • Private rear garden
  • Approx. 828 Sq. Ft (Measurement taken from EPC)
  • Freehold

Quick Details

3 Bedrooms2 Receptions1 Bathroom

Address

197 Anstey LaneLeicesterLeicestershireLE4 0FH
Details
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Property Details

•For Sale By Online Auction: 22nd & 23rd May 2019
•Guide Price: £150,000+
•Three-bedroom detached property
•Potential rental income of £10,200 per annum
•Potential gross yield of 6.8%, based on the guide price
•Freehold: Sold with vacant possession

This three-bedroom detached property comprises well-proportioned accommodation arranged over two storeys. The entrance door is accessed via a tiered frontage with steps to the front.

The ground floor comprises an entrance hallway, providing access to the spacious living room, having a bay window to the front aspect. The reception room to the rear is utilised as a dining room. The kitchen is adjacent and boasts eye level and base units, worktop surfaces and space for appliances.

The first-floor accommodation constitutes a landing, three bedrooms and a bathroom comprising a three-piece suite with a bath and shower over, low level WC and a wash basin.

Externally, the property benefits from a rear garden and garage. This is also accessed via a shared driveway from Avebury Avenue.

Accommodation

Approx. 77 Sq. M – 828 Sq. Ft
(Measurement taken from the EPC).

Services

We understand the property has mains electricity, water and drainage. However, interested parties should carry out their own investigations.

Tenure

Freehold

Investment Analysis

The property is currently vacant; although, it has the potential to generate an income of £850 pcm (£10,200 per annum). This would represent a potential gross yield of 6.8%, based on the guide price. However, there is good opportunity to add capital value, by modernising the internal accommodation.

Council Tax

This property is rated in Council Tax Band C. Council tax payable (2018/2019) is £1,638.

Guide Price

£149,950+

Buyer’s Premium

2% (min. £3,600) inc. VAT.

Location Map

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