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Libra Parade, 5 Front Street... 3 bed apartment for sale
Libra Parade, 5 Front Street, Birstall, Leicester, LE4 4DP
£55,000
Libra Parade, 5 Front Street, Birstall, Leicester, LE4 4DP
£55,000
Our Summary
- For Sale By Public Auction on 10 July 2025 starting at 08:30 AM - A long leasehold residential investment propertyCurrent gross income £7,500 PA A second floor purpose built flat
- Pre-auction OffersPlease note that offers in excess of the guide price may be considered prior to the Auction Sale
- Live-streamed AuctionPlease note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
A long leasehold residential investment property is up for public auction on July 10, 2025, starting at 8:30 AM. The property is a second-floor purpose-built flat with a current gross income of £7,500 per annum. The flat features a hall, reception room/dining room, kitchen, three bedrooms, and a bathroom/wc. The property has a gas-fired central heating system and benefits from communal parking at the rear. The lease has 189 years remaining from 1977, with a peppercorn ground rent and a service charge of £1,725 per annum. The property is currently let on an assured shorthold tenancy at £625 per month, exclusive of £7,500 per annum. Viewings are available externally, and the auction will be livestreamed via the website, allowing remote bidding via proxy, telephone, or online.