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5 Cranmer Street, Hinckley Road, Leicester, LE3 0QB

Lot no: 2 Sold at Auction for £118,500
 

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.

Friday 6th October 2017

11.30am
Key Features
  • Terraced Property In Good Order
  • Three Bedrooms
  • Excellent Investment/First Time Buy
  • Popular Location
  • EPC Rating: TBC
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Sold at Auction for £118,500

Terraced House

Property Description:

Located close to the bars and restaurants of Narborough Road and Braunstone Gate, The City Centre, DeMontfort University and Royal Hospital the property would make a great buy to let investment.

Estimated rental value of £650pcm

The property is in good order throughout and benefits from GCH and UPVC double glazing.

Ground Floor
Lounge

4.29m x 3.35m. With Period fireplace, original cornicing, radiator, ceiling rose and window to the front aspect.

Dining Room

3.64m x 3.33m. Having fireplace with wood-burning stove, radiator and window to the rear.

Kitchen

2.73m x 1.81m. A range of modern base and wall units, sink unit, integrated oven, hob and extractor. Range of appliances which are included in the sale and window to the side.

Rear Lobby

Built in cupboard housing the boiler and door to rear garden.

Bathroom

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

First Floor
Landing
Bedroom One

3.78m x 3.35m. With radiator, built in wardrobe and window to the front.

Bedroom Two

3.66m x 3.46m. Radiator, built in wardrobe and window to the rear.

Bedroom Three

2.75m x 1.84m. Radiator and window to the rear.

Garden

An enclosed rear garden with lawn, flower beds, outside water tap, patio and side gated access.

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.