2 A-C Queens Road, Loughborough, Leicestershire LE11 1HD

A freehold investment opportunity comprising a block of three flats.

Offered fully let with a combined rental income of £20,280 per annum.

Flat 2a _ Let at £650 pcm
Situated on the ground floor and benefits from its own entrance directly from Queens Road. Comprises three generously sized bedrooms, a large living room, a spacious kitchen/diner and a bathroom. Private courtyard, providing useful outdoor space.

Flat 2b - Let at £550 pcm
A one-bedroom apartment positioned on the first floor, accessed via a communal entrance. The accommodation includes an open-plan kitchen and living room, a large bedroom and a bathroom.

Flat 2c - Let at £490 pcm
A two-bedroom duplex apartment arranged over the first and second floors.
Comprises a kitchen/living room, a bathroom and a large bedroom. A staircase leads to the second floor, where a further bedroom benefits from its own en-suite.

Queens Road is conveniently positioned within Loughborough, providing access to a range of local shops, supermarkets, cafés, restaurants and everyday amenities. Loughborough town centre offers a wider selection of retail and leisure facilities, while the town's railway station provides services towards Leicester, Nottingham,
Derby and London St Pancras, making the area attractive to commuters. Road connections include the A6 and A512, with access to the M1 and surrounding East Midlands employment centres. Local schools and Loughborough University further support demand for rental accommodation in the area.

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:

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

• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 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.