Terraced house for sale in Leopold Street, Loughborough LE11

Summary
*****attention investors**** We are delighted to offer for sale A ten bedroom HMO in the centre of Loughborough's Golden Triangle, within walking distance of both the University & Loughborough town centre. Each bedroom has an ensuite shower room & five of the rooms have their own kitchen facilities!

Description
*****attention investors**** We are delighted to offer for sale A ten bedroom HMO in the centre of Loughborough's Golden Triangle, within walking distance of both the University and Loughborough town centre, which has a fantastic record of being continuously let out and which had an HMO licence granted in June 2020. Each bedroom has an ensuite shower room and five of the rooms have their own kitchen facilities, with the other five sharing two kitchens.
The property is offered for sale with all rooms let out for the academic year 2022/23 and currently provides a gross annual income of £52,000 Including bills.
The accommodation is arranged over three floors, with a cellar and the potential for further bedrooms in the loft (subject to any necessary planning consent). There is gas central heating, with each room individually time and temperature controlled, and the layout is made up as follows;

Entrance Hallway
There is a communal entrance hallway which has stairs rising to the first floor, a door leading to the cellar which provides useful, secure storage, and doors leading off to all ground floor rooms, including the ground floor kitchen.

Ground Floor
To the ground floor there are four bedrooms, each with ensuite shower rooms and two of which are completely self- contained and have their own kitchen areas including washing machines.
The remaining two bedrooms have access to a fully equipped ground floor kitchen, which includes a fridge freezer and washing machine.

First Floor
The first floor has six ensuite bedrooms, one being a duplex having the bedroom over the living space, all three are fully self- contained all of which have their own kitchen facilities including fridge freezers and washing machines, with the remaining three having access to a fully equipped first floor kitchen, which includes a fridge freezer and washing machine.
Front and rear stairs provide access to the rooms on the first floor and form escapes routes to the front and rear of the building in the event of a fire.

Outside
Outside to the side is a gated carport which could provide off road parking and is currently used as secure bicycle park and a bin storage area, which also provides general storage space. This area has potential to extend the existing living space or further accommodation (subject to any necessary planning consent).
This area also provides access to a large workshop to the rear, which has three phase electrics and mains water and toilet facilities. This gives an opportunity for further development for additional lets or options for further income generation.

Reception Hallway
The Property is accessed via a front door into a hallway, which has stairs rising to the first floor, access to the cellar and doors leading to all ground floor rooms.

G1
Ground floor room, one bedroom with ensuite shower room facility and use of shared kitchen, separate front door entrance onto Leopold street.

G2
Ground floor room, self-contained kitchen / living area, ground floor bedroom and additional mezzanine bedroom area, ensuite shower room.

G3
Ground floor room, one bedroom with ensuite shower room facility and use of shared kitchen.

G4
Ground floor room, one bedroom with ensuite shower room facility and use of shared kitchen.

Ground Floor Kitchen
Ground floor kitchen has facilities including oven and hob, washing machine, fridge freezer.

Cellar
There is a cellar that is accessed via the hallway, which provides useful storage space.

Landing
There is a Landing which leads to all doors on the first floor and to the first floor central kitchen.

F1
First floor room, one bedroom, self-contained kitchenette, ensuite shower room facility.

F2
First floor room, one bedroom with ensuite shower room and use of shared kitchen.

F3
First floor room, one bedroom with ensuite shower room and use of shared kitchen.

F4
First floor room, one bedroom with ensuite shower room and use of shared kitchen.

F5
First floor room, reception hallway, Lounge and kitchen area, ensuite shower room and stairs rising to second floor bedroom.

F6
First floor room, one bedroom with self-contained kitchen and ensuite shower room facility.

First Floor Kitchen
The first floor kitchen has facilities including oven and hob, washing machine, fridge freezer.

General Services
The building and all ten rooms are provided with boosted water services offering improved volume pressure. Additionally, the heating and hot water is controlled by a central system operated via the internet, which provides individual room temperature and time control to each room and can be remotely operated via the internet and smart phone.
All rooms whilst enjoying individual ensuite facilities have the potential to be provided with full kitchen facilities, the present services have been designed to accommodate the additional requirements.

The main building is equipped with a comprehensive fire alarm system complete with appropriate detectors throughout, a fire strategy exists including fire doors and front and rear escape routes.

The electrical supply to each room or area has the potential of being readily adapted to a metered supply.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.