Lot
016
Auction Ends: 17/08/2022 11:30

Room 216, The Print House, 58 Woodgate, Loughborough, Leicestershire LE11 2QD

Property Details
Location
Auction Details
Description
A student investment pod within a purpose built student accommodation block with modern shared kitchen-dining facilities, common room, laundry room and bike store. The pod features a bed and built in desk furniture with a separate modern shower room. The property is tenanted and producing a rent of £4,090 for the current academic year. Net profit for the development as a whole is distributed between all owners/investors, rather than rental income, and we are advised it was £980 for the tax year to 5 April 2022 for the subject property.
Location
The property fronts Woodgate, between South Street and High Street, in the centre of Loughborough, less than 1 mile from Loughborough University Campus.
Accommodation

Bedroom/Living Area with En-suite Shower Room

Tenure
Unknown
Tenancy
The property is let by way of an Assured Shorthold Tenancy agreement at a rent of £4,090 for the current academic year (48 weeks). We are advised that a new tenancy agreement for the 2022/23 academic year has been agreed.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 16TH AUGUST AND CLOSES ON WEDNESDAY 17TH AUGUST.

3. Energy Performance Certificate = C.

4. Photos taken from developers website prior to occupation.

5. https://www.urbanstudentlife.com/student-accommodation/loughborough/the-print-house

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