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103 Queens Road, Loughborough, Leicestershire LE11 1HB

Lot no: 6 Sold at Auction for £120,000
 

Guide Price £110,000+ 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 8th February 2018

11.30am
Key Features
  • Three bedroomed terraced property
  • Fully refurbished throughout
  • Gas central heating and upvc double glazing
  • Well placed for Loughborough town centre which has a wide range of amenities
  • EPC Rating: F
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Sold at Auction for £120,000

Terraced House

Property Description:

Well placed for Loughborough town centre which has a wide range of amenities.The property has been fully refurbished throughout including heating, wiring, kitchen, bathroom, flooring, garden and decor. The property also benefits from gas central heating and UPVC double glazing

A superb first time buy or investment opportunity which would make a great, hassle free, addition to any property portfolio.

Estimated rental income around £695 PCM / £8340 per annum.

The accommodation briefly comprises:

Ground Floor:
Lounge

4.29m x 3.45m max
Having a double glazed window to front, radiator, ceiling

Dining Room

4.29m MAX x 3.61m
Window to rear, radiator and electric feature fireplace. Stairs leading to first floor accommodation.

Kitchen

2.11m x 3.35m
Window to the side and a door giving access to the rear garden. Modern fitted kitchen with a range of wall and base units, sink/drainer unit, additional work surfaces with partially tiled walls. Electric oven and gas hob, cooker hood, space for washing machine, fridge/freezer, tiled flooring and ceiling spot lights.

First Floor:
Landing

With storage cupboard, radiator, ceiling spot lights and stairs to second floor.

Bedroom One

4.78m MAX x 3.48m
Double glazed window to front, radiator and additional storage cupboards.

Bedroom Two

3.66m x 2.82m
Double glazed window to rear and radiator.

Bathroom

Window to rear, radiator, part tiled walls and tiled flooring, wash hand basin inset into vanity unit, W/C, ceiling spot lights, extractor fan, bath with shower attachment and storage housing the central heating boiler.

Second Floor:
Bedroom Three

4.47m max x 5.79m max
Situated on the second floor with a double glazed window to rear, radiator and ceiling spot lights.

Outside

To the rear of the property is a landscaped garden with a seating area and is enclosed by wood panelled fencing.

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.