Selection of 20 L/H Apts, Tudor Studios, Five Way House, Tudor Road, Leicester, Leicestershire, LE3 5HU

: A portfolio of 20 student studio apartments (providing a mix of Luxury, Deluxe, Premier and Classic studios) which benefit from a gym, gardens, common rooms and parking.Tenancies:4 units let on tenancy agreements at rents ranging from £6,407-£9,960 per annum – refer to legal pack for schedule and management information.Total Rent Reserved: £30,452 pa - 4 units let. Vacant:16 unitsLeases:Each held on a long lease for a term of 250 years from 01/10/2015 at current ground rents of £212.55 per quarter plus service charge - refer to legal pack.Important Notice:For each Lot, a contract documentation fee of £1,800 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware tha…

From the Barnard Marcus listing. Read the full listing and legal pack →