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Flat 16, 80 The Parade, Oadby, Leicester, LE2 5BF

Lot no: 17 Sold at Auction for £70,000
 

Guide Price £68,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 10th August 2017

11.30am
Key Features
  • One Bedroom Apartment
  • Investment Opportunity With An 8% Return
  • Great Condition With Excellent Views
  • Excellent Location In Town Centre
  • EPC Rating: D
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Sold at Auction for £70,000

Flat

Property Description:

DRAFT DETAILS. A modern, recently refurbished, apartment situated in a highly desirable location within Oadby Town Centre. Currently let out at £495 per calendar month / £5940 per annum which give a great return.

The apartment is in excellent order throughout and benefits from video entry system, lift, superb communal entrance and there are far reaching views from the apartment itself.

Oadby has a great range of amenities, superb schooling and good access to Leicester City Centre and the motorway network.

A great buy to let opportunity.

The accommodation briefly comprises:

Communal Reception

With seating area, secure entry door with video intercom, lift and stairs rising to all floors.

Reception Hallway
Open Plan Lounge Kitchen

The kitchen area has a modern range of wall and base units, integrated appliances including oven, hob, extractor, washer/dryer, fridge and freezer. Work surfaces and sink unit.
The lounge area is bright and airy with superb views across the county.

Bedroom

With electric heater and window with views.

Shower Room

With a modern, white, 3 piece suite comprising wash hand basin, Wc. and shower cubicle, part tiled walls.

Tenure:

Leasehold. Subject to tenancy.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.