Detached house in Leicester

6-8 Hazel Street, and 1 Sawday Street, Leicester LE2 7JN
  • Lot No: 120
  • Property Type: Detached house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £625,000+ plus fees

Property Description

An extremely rare opportunity to purchase 3 freehold properties in 1 lot in the heart of Leicester. The 3 properties consist of a 4 Bedroom detached house, a detached house split in to 2 apartments and a factory building of appro 3,500 sq ft The two houses are currently let with an income of £35k per year with scope to increase, the former 2 storey clothing factory could be let as a commercial building or converted in to residential units subject to planning consent. This lot will have massive appeal to a forward thinking investor looking to maximise their return on investment. The properties are highly desirable as they are within walking distance to the city centre, train station, Leicester Royal infirmary as well as both Leicester Universities, the football & rugby stadia too. Quite simply a phenomenal location with huge potential and masses of opportunity

1 Sawday Street Property G/F

Lounge, Bedroom, Kitchen and Bathroom


1 Sawday Street Property 1st Floor

Lounge, Bedroom, Kitchen and Bathroom


8 Hazel St Factory

Former Extended Clothing factory 3,000 - 3,500 sq ft over 2 floors


6 Hazel St G/F

Entrance Hall Lounge 16ft5 x 10ft10, Dining Room 13ft2 x 10ft10, Kitchen 10ft9 x 9ft4 and WC


6 Hazel St 1st Floor

Landing, Bedroom 16ft5 x 10ft10, Bedroom 13ft2 x 11ft, WC, Bathroom and Shower Room


6 Hazel St 2nd Floor

Landing, Bedroom 16ft2 x 13ft3 and Bedroom 16ft2 x 13ft3


Legal note

The lot comprises of three titles 6 Hazel Street, Leicester, LE2 7JN (LT196018). 1 Sawday Street, Leicester, LE2 7JW (LT23660) and Land at 6 Hazel Street, Leicester, LE2 7JN (LT552879). However the address is known as 6-8 Hazel Street, and 1 Sawday Street. Please see the legal documents for further information.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. 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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction 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.

Auction Details

Date 22nd August 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

6-8 Hazel Street, and 1 Sawday Street, Leicester LE2 7JN