Sold

Station Road, Quorn, Loughborough, LE12

Guide Price £65,000
  • 2 beds
  • 1 baths
  • 1 reception
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

Key Features

  • FOR SALE BY ONLINE AUCTION
  • 6 WEEKS’ COMPLETION
  • Two bedrooms
  • Letting investment
  • 12% rental yield
  • Sold with tenant in situ

Description

A well-presented and spacious two bedroom first floor flat situated in the heart of Quorn, a highly desirable village located on the edge of Charnwood Forest. This attractive property offers generous internal space and benefits from private off street parking, making it an excellent opportunity for both first time buyers and investors. With its current tenancy generating a rental income of £661 per calendar month, the property delivers a strong gross yield of approximately 12.2% per annum, making it a particularly appealing buy-to-let investment.

The flat is ideally located within walking distance of Quorn’s popular village centre, which offers a range of local amenities including independent shops, cafés, pubs, and restaurants. The surrounding area is renowned for its natural beauty, with nearby Charnwood Forest providing an abundance of scenic walks and outdoor pursuits. Loughborough town centre lies just 2.5 miles away and offers a wider array of shopping, leisure, and educational facilities, including Loughborough University.

Transport links are excellent, with Barrow-upon-Soar railway station less than two miles away, providing direct rail connections to Leicester, Nottingham, and further afield. The A6 and M1 motorway (Junction 23) are also within easy reach, making the property well suited for commuting to nearby cities and business centres.

  • Auction

    To be sold by online auction (unconditional) on Thursday 31st July 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.
  • To view

    Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
  • Registration

    All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
  • Tenure

    Leasehold
  • Lease

    125 years from 29th September 1983 - 82 years remaining
  • Ground rent and service charge

    Please see legal pack for further details.
  • Tenancies

    Currently let on a periodic tenancy for £661 PCM
  • EPC rating

    D
  • Council tax band

    A - Charnwood Borough Council
  • Legal pack

    For each lot there are Special Conditions of Sale and other documentation provided by the vendors solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
  • Guide prices

    Guide Prices are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
  • Additional fees

    A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
  • Deposit

    If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and well require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.
  • Pre-auction offers

    These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
  • Mortgage finance

    We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
Calculate stamp duty online
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Notes

This calculator assumes the property is entirely residential. Mixed-use or non-residential properties are subject to a different SDLT rate structure.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are based on the current SDLT rates effective from 23 September 2022, and are subject to change.

Click here for more information

Sold

Station Road, Quorn, Loughborough, LE12

Guide Price £65,000
  • 2 beds
  • 1 baths
  • 1 reception
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

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