A pair of Countesthorpe rented homes and a former licensed club in Stoney Stanton are among the Leicestershire properties going under the hammer at Bond Wolfe’s next auction on Thursday 9 September.

 

The former Compton Lodge, at 128 Sapcote Road, Stoney Stanton, is listed with a guide price* of £275,000+.

 

A former three bedroom detached house, it was converted to a club premises in the late 1970s, extended and expanded with a concert room, bar, kitchen area, dressing room, beer cellar and WCs, with three rooms, a kitchen and a roof terrace in the flat above.

 

This spacious property could be used as licensed premises, converted back into a large home or redeveloped completely, subject to securing the necessary planning permission.

 

Also listed for sale as residential investment properties are a pair of two bedroom houses in the village of Countesthorpe, just south of Leicester.

 

The end terraced property at 37 Waterloo Crescent is listed with a guide price* of £95,000+ and is currently rented out at £675 per month, earning a gross income of £8,100 per annum.

 

The two bedroom semi-detached property at 40 Waterloo Crescent (pictured) also has a guide price of £95,000+. The house is let subject to an assured shorthold tenancy at £495 per month, earning £5,940 per annum.

 

Gurpreet Bassi, chief executive of Bond Wolfe, said: “These lots are great examples of the wide range of properties and prices that can be found at our auctions.

 

“From investment properties and former commercial sites to family homes, there’s always plenty to choose from at our auctions.”

 

Also up for sale is a three bedroom semi detached house at 9 Norfolk Road, Wigston, with a guide price of £170,000+ - a substantial discount on current market values in the area.

 

With gardens front and rear, two reception rooms, a kitchen and WC downstairs and three bedrooms and a bathroom upstairs, the house benefits from gas fired central heating and UPVC double glazing. But it is in need of refurbishment.

 

Mr Bassi added: “We’re expecting some competitive bidding from potential buyers at our auction, who often include a variety of house-hunters, developers and landlords looking to grow their portfolios.”

 

The Leicestershire properties are among 211 lots listed in Bond Wolfe’s next auction which starts at 9am on Thursday 9 September.

 

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet only, and bidders must pre-register no later than 12 noon on Wednesday 8 September.

 

More details are at www.bondwolfe.com/property-auctions-west-midlands/, or email [email protected], or call 0121 312 1212 or 01902 928 510.

* Each property is subject to a reserve price which may be different from the guide price.  Please refer to the Important Information and legal pack(s) for further information and any additional fees which may apply.