58 Lubbesthorpe Road, Leicester LE3 2XE

A three bedroomed semi-detached house arranged over two floors and situated on a popular residential road with good public transport links to the city centre and within a mile of Fosse Shopping Park and the M1 motorway. The open spaces of Osiers Nature Area are within easy reach.

We understand the property is currently occupied producing an income of £900 per calendar month (£10,800 per annum). Please be advised that the auctioneers have not had sight of a tenancy agreement and prospective buyers are advised to inspect the legals documents in this respect prior to bidding.

NOTES FOR BIDDERS:

1. Bidders will be required to pay a £5,000 deposit prior to auction before being authorised to bid. Payments will be returned to any unsuccessful bidders following the auction.

2. Finance available subject to status. Contact the auctioneers for further information.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £1,500 inc. VAT

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.