Property description
A superb investment purchase offering a detached residence with 5 lettable rooms receiving an income of £16,379.88 per annum (£1,365.99 per month): the rooms being currently let until 30th June 2015.Exact individual room rental rates are as follows:£260.00 per month£292.50 per month£281.66 per month£270.83 per month£260.00 per monthWith further planning permission granted; application no: P/12/1157/2; for the erection of 4 x 2 bedroomed apartments, with associated parking within the grounds. The property also has main communal kitchen, living room, downstairs WC and first floor bathroom and shower, driveway affording car standing for up to 5 vehicles and double garage with 3 x general brick stores. The property has large frontage to Garendon Road, currently with lawns, stocked perennial borders and patios areas to the rear and side. The property lies in close proximity to Loughborough University, public transport facilities, good access to Loughborough town centre, road network including access to the M1 approximately 2 miles away for North and Southbound traffic respectively and rail link at Loughborough with service to London St, Pancras. EPC Rating: FAgents view: a rare opportunity to acquire this investment purchase with retained income until 30th June 2015, with 5 good sized lettable double rooms and further planning permission for the erection of 4 x 2 bedroomed apartments within the grounds.
Storm Porch - 10' 0'' x 5' 0'' (3.05m x 1.52m)
Entrance into storm porch with glazed side door, window to front elevation, obscure glass and wood panel door with side panelling to main entrance hallway.
Entrance Hallway
PVC sealed glazed windows to side elevation, radiator, recess cloaks storage cupboard and recess storage cupboard under stairs.
Downstairs WC - 5' 0'' x 3' 4'' (1.52m x 1.02m)
PVC sealed glazed window to side elevation, low flush WC and vanity wash hand basin.
Living Room - 12' 0'' x 12' 0'' (3.65m x 3.65m)
PVC French door to the side, PVC side window, radiator, high ceilings with coving and original 3 x double fronted storage cupboards and central drawer.
Bed/Sitting Room 1 - 12' 0'' x 9' 5'' (3.65m x 2.87m)
PVC sealed glazed window to side elevation, radiator and high ceilings with coving.
Rear Bed/Sitting 2 - 12' 0'' x 7' 8'' plus recess to door (3.65m x 2.34m)
PVC sealed glazed windows to rear elevation, radiator and high ceilings with coving.
Communal Kitchen - 9' 5'' x 9' 7'' (2.87m x 2.92m)
PVC window to side elevation, single drainer stainless steel sink unit with mixer taps built into L-shaped granite effect preparation work surfaces, white fronted and chrome handled base cupboards and drawers, matching eye level units over, gas point appliance space, plumbing for automatic washing machine and appliance space, further recess storage unit with white fronted and chrome handled doors with 4 x drawers under, original 2 x recess storage cupboards with central drawer and shelving unit, further built-in shelving and glazed obscure glass door through to rear lobby.
Rear Lobby - 9' 0'' x 4' 3'' (2.74m x 1.29m)
PVC sealed double glazed window to rear elevation and glazed back door.
First Floor Landing
Stairs rising to first floor landing with coving and access to loft space.
Side Bed/Sitting Room 3 - 15' 0'' x 10' 10'' into recess (4.57m x 3.30m)
PVC sealed glazed window to front and side elevation, recess wardrobe cupboard with hanging rail and shelving unit over with sliding fronted doors and radiator.
Side Bed/Sitting Room 4 - 15' 0'' x 6' 8'' (4.57m x 2.03m)
PVC sealed glazed window to side elevation, radiator and double fronted wardrobe cupboard with store cupboard over.
Recess Office/Dressing Room/Store - 5' 2'' x 4' 5'' (1.57m x 1.35m)
Recess office/dressing room/store with radiator.
Bed/Sitting Room 5 - 9' 3'' x 10' 5'' maximum (2.82m x 3.17m)
PVC sealed glazed window, radiator built-in hanging storage wardrobe cupboard with double fronted doors and wall-mounted Worcester gas fired boiler servicing central heating and hot water system.
Bathroom - 8' 6'' x 7' 3'' (2.59m x 2.21m)
White suite comprising: panel bath with shower over, pedestal wash hand basin, low flush WC, storage cupboard with built-in pine slat shelving, obscure glass PVC window to side elevation and radiator.
Outside
The property fronts Garendon Road with wrought iron gated access and sweeping tarmacadam driveway leading to pitch roofed double garage. The driveway affords car standing for 5 vehicles. Currently the gardens envelope the front and side with lawns and stocked perennial borders, extensive patio areas to the rear and side with either hedgerows or screen fencing to the boundaries.
Double Garage
Pitch roofed double garage with roll doors, side window and side door, power and light and 3 x general brick stores to the rear.
Directional Note
From the centre the property is best approached from Loughborough along the main Ashby Road, continuing through to the Epinal Way, turning right at the roundabout into Epinal Way. The taking the 1st turning left into Garendon Road, where the property is then located on the left hand side as denoted by the agents 'for sale' board.
* NB
Planning permission no: P/12/1157/2 was granted in 2012 for the erection of 2 storey 4 apartments within the grounds.
Breakdown of Room Rental Rates
Exact individual room rental rates are as follows:£260.00 per month£292.50 per month£281.66 per month£270.83 per month£260.00 per month
Property Features :
- A rare opportunity to acquire this investment purchase
- Detached residence with 5 double lettable rooms
- Income of £16,379.88 per annum - Exact individual room rental rates per month are as follows:
- Planning permission no: P/12/1157/2 granted for 4 x 2 bedroomed apartments in grounds
- Main communal kitchen, living room, downstairs WC
Property Info: