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4 Soar Way, Hinckley, Leicester, LE10 0XU

Lot no: 3 Sold at Auction for £125,500
 

Guide Price £95,000+ 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.

Friday 6th October 2017

11.30am
Key Features
  • Mid-Town House
  • Three Bedrooms
  • Excellent Investment / First Time Buy
  • Popular Location
  • EPC Rating: C
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Sold at Auction for £125,500

Town house

Property Description:

Well placed for local shops, restaurants and schooling. Hinckley has undergone recent investment and regeneration including a new cinema, leisure centre and shopping/eating.

The property itself requires some minor modernisation but will make a great first time buy or buy to let investment. Estimated rental value of £650pcm.

The property is sold freehold with annual charges for the landscaping and maintenance of the surrounding gardens which are currently £164.09 per annum.

Ground Floor
Entrance Hall

Meter cupboard which also houses the combi boiler.

Lounge/Diner

With UPVC window to the front and rear elevation and two radiators.

Kitchen

The kitchen has a range of base and wall units, sink unit, space for appliances, pantry and window and door to the rear garden.

First Floor
Landing

With doors leading to the bedrooms and family bathroom.

Bedroom One

With radiator, built in wardrobe and UPVC window to the front aspect.

Bedroom Two

Radiator, built in wardrobe and UPVC window to the rear.

Bedroom Three

Radiator built in wardrobe and UPVC window to the front.

Bathroom

Window to the rear elevation, bath with fitted shower over and wash basin.

Seperate Wc
Outside

Lawned garden to the front and an enclosed rear garden with lawn and gated access to the parking area.

Garden

The property benefits from use of a large, communal parking area to the rear.

Parking
Note

The gas has been capped and the purchasers will be responsible for getting this reconnected / checked

Tenure:

Freehold. 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.