5 bed end terrace house for sale

Milligan Road, Leicester LE2

Investment Opportunity: Five-Bedroom Licensed HMO – Milligan Road, Aylestone, LE2. This property is for sale by the Modern Method of Auction

A five-bedroom, two-bathroom end-of-terrace property offering an excellent investment opportunity in Aylestone.

Set over three floors, the property comprises:

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  Five double bedrooms
  
  
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  Two shower rooms
  
  
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  Fitted kitchen
  
  
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  A lounge
  
  
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  Cellar
  
  

Externally, the property benefits from a private patio area and a garage, providing both outdoor space and convenient parking or storage space.

Potential rental income: £1,600 per calendar month.

Agents note: The HMO license is not transferable. The buyer would need to apply for a new license.

This property presents an ideal opportunity for investors seeking for a rental property in a popular residential area.

Tenure: Freehold
Council tax band: G
EPC Rating: 52 E
Broadband speed available at the address: Basic (adsl)10mb, Superfast (fttc)65mb, Ultrafast (FTTP)1800mb, Overall (Maximum)1800mb

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 winning bidder will pay £349.00 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 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Free Property Valuation

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EPC Rating: E

Location

This property enjoys a prime location along Aylestone Road, offering easy access to everyday amenities. Leicester City Training Ground and Grace Road Cricket Ground, with King Power Stadium and Leicester Tigers Stadium also within easy reach.
Commuting is straightforward with regular bus routes to Leicester City Centre and the main ring road, providing quick access to the M1 and M69 motorway junctions. Shopping and leisure are just moments away at Fosse Retail Park, making this an ideal home for convenience and lifestyle.

Yard

There is a small yard outside that leads to the garage. Also a pedestrian gate.

Parking - Garage

The property benefits from a detached single garage.

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