LOT 08

GUIDE PRICE: £390,000 - £400,000

265 London Road, Stoneygate, Leicester, LE2 3BE

Solicitor Details

Rajinder Singh & Co, 85 London Road, Leicester LE2 0PF Tel: (0116) 254 5929 ~ Ref: R Singh

*Guide Price & Reserves

FORMER HOTEL / RESIDENTIAL RENOVATION

Property Description

A spacious 3 storey semi detached property of approximately 4,394 sqft with basement previously a hotel with 12 bedrooms and 12 bathrooms. The property has been taken back to a shell condition and is ready for complete renovation.

Location:

The property is located opposite Albert Road and near to the junction of Springfield Road.

Accommodation:

Basement: GIA: 413 sqft (38.4 sqm)
Ground Floor: GIA: 1,722 sqft (160.2 sqm)
First Floor: 1,543 sqft (143.3 sqm)
Loft: 716 sqft (66.5 sqm)
Total GIA: 4,394 sqft (408.4) approx.
Outside: Front garden providing off road parking for several cars, side access to small rear yard.

Planning

  • There is potential for conversion to a single residence, self contained flats or commercial use subject to planning
  • There are indicative schemes for 11 studio flats for student accommodation and one scheme for 9 self-contained flats, both of which are subject to planning approval
  • Local Authority: Leicester City (0116) 454 3000

Note:

The property requires complete renovation.

Tenure

Freehold.

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

LE2 3BE

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265 London Road, Stoneygate, Leicester, LE2 3BE