Apartment
A spacious recently renovated first floor flat located within the heart of Shepshed.
Great condition throughout with modern kitchen and bathroom, neutral décor and also benefits from a single garage in an adjacent block.
The property is well placed for an excellent range of local amenities and excellent road links to the motorway network.
Superb buy to let investment previously let at £525 per calendar month.
The garage is also currently let at £50 pcm.
Therefore a return of 9.5% is achievable.
With secure entry door, intercom and stairs rising to all floors.
With cloaks storage cupboard.
5.30m x 3.29m A bright and spacious room with double glazed window to the front aspect.
3.13m x 2.16m The kitchen has a good range of modern base and wall units, space for appliances, roll top work surfaces and sink unit. Window to the rear aspect.
4.10m x 3.80m With double glazed window to the front aspect.
3.15m x 2.90m With double glazed window to the rear aspect and built in wardrobe.
4.20m x 2.40m With laminate flooring and window to the front aspect.
With a modern three-piece suite comprising; WC, wash hand basin and ‘P’ shaped shower bath. Tiled walls and floor, heated towel rail and double glazed window to the rear.
There a well maintained gardens and he flat also benefits from its own storage cupboard.There is ample parking and a single garage in an adjacent garage block which is currently let out at £50 pcm which adds to the investment.
Leasehold. Part let/part vacant.
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.
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