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Flat 17, 80 The Parade, Oadby, Leicester, LE2 5BF

Lot no: 5 Sold at Auction for £110,000
 

Guide Price £100,000+ 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
  • Two Bedroom Apartment
  • Ideal Buy To Let
  • Great Condition With Superb Views
  • Excellent Location In Town Centre
  • EPC Rating: D
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Sold at Auction for £110,000

Flat

Property Description:

Ideally located in the centre of Oadby offering great local amenities including shopping and excellent schooling. Superb bus links to Leicester City Centre and easy access to the motorway network.

The building was recently converted to luxury apartments which are finished to a high standard throughout.

An internal viewing is highly recommended to appreciate the quality and size of the accommodation on offer!

Excellent first time buy or superb investment which would let for around £8500 per annum giving a great yield.

We are informed the property is held on a long lease and has a service charge of 88 per month. This can be confirmed in the legal pack.

In more detail-

Communal Reception

With seating area, secure entry door with video intercom and both stairs and lift access.

Open Plan Lounge / Kitchen

A large bright and airy living space with quality fitted kitchen with a range of base and wall units, integrated oven, hob, extractor, fridge/freezer and washing machine. Sink unit and roll top work surfaces. The lounge area has lovely views across to the city.

Bedroom 1

Window and electric radiator.

Bedroom 2

Window and electric radiator.

Bathroom

Having a modern white suite comprising low flush w.c. wash hand basin and panel bath with shower over. Part tiled walls and electric radiator.

Tenure:

Leasehold. Vacant possession upon completion.


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.