Flat
GUIDE PRICE OF £50,000 - £60,000
Situated in an excellent letting location close to the shops and bars of Braunstone Gate, Narborough Road and also close to the Royal hospital and City Centre.
Benefitting from UPVC double glazing and electric heating.
Currently let on an assured shorthold tenancy at £340 pcm / £4080 per annum.
With front door leading to the flat.
4.85m x 3.90m. With a range of base and wall units, sink unit, space for appliances, electric wall heater and bay window to the front aspect
4.17m x 3.28m. With window to the rear aspect and electric heater.
Comprising of a modern white suite of low flush w.c. wash hand basin and shower cubicle. Part tiled.
We are informed the property is held on a long lease of 125 years commencing in 1990. More information and confirmation can be found within the legal pack.
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.
