2 bed detached house for sale

Cradock Street, Loughborough, Leicestershire LE11

Frank Innes, Loughborough are delighted to welcome to the market this unique investment opportunity offering a freehold building with two apartments both currently rented with long-term tenancies achieving 8% yield!

The ground floor apartment comprises of a large open plan living, bedroom and kitchen-diner space and a there piece bathroom suite with electric shower unit cubicle. Upstairs The property offers the second unit which has an open plan bedroom living area, separate kitchen-diner space a three piece bathroom with shower over panelled bath. The property is located in central Loughborough and benefits from fantastic local ameneities including a short walk to Loughborough train Station.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.