The auction – on Thursday 7th May at the King Power Stadium – will see 22 varied lots including residential property, commercial property, land and others from across Leicestershire and the rest of the UK go under the hammer.
Carl Finch, Graham Penny Auctions Leicester branch manager, commented: “Our catalogue this month has a broad mix of residential investment houses and properties suitable for conversion, commercial units and development land.
There are a few properties in our catalogue ideal for the buy-to-let market which I’m particularly interested in seeing the bidding for. The buy-to-let market is becoming increasingly active in the city and we’ve received lots of interest in the properties already.”
Amongst the residential investment properties on offer in the Graham Penny Auctions Leicester may auction is 5 Gutheridge Crescent in Braunstone, a three bedroomed mid-town house which has a guide price of £75,000+. Situated in a popular residential location, this property benefits from UPVC double glazing throughout and, with some cosmetic modernisation and upgrading, would make an ideal buy-to-let investment and also an excellent opportunity for a first time buyer.
Also set to go under the hammer is 6 Vicarage Court in Earl Shilton, a deceptively spacious one bedroom second floor apartment benefitting from UPVC double glazing, night storage heating and allocated car parking space. The guide price is £55,000+.
The legal packs for 5 Gutheridge Crescent and 6 Vicarage Court, and the rest of the lots in the May auction are available on the Graham Penny Auctions website at www.grahampenny.com and viewings can be arranged with the Leicester office on 0116 254 9654.
