Flat in Leicester

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

Lot no: 17 Property type: Flat Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £68,000+plus fees Result Sold at Auction £70,000

A modern, recently refurbished, apartment situated in a highly desirable location within Oadby Town Centre. Currently let out at £495 per calendar month

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.


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.


Leasehold. Subject to tenancy.

Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.