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2 Albion Street, Oadby, Leicester, LE2 5DA

Lot no: 29 Sold at Auction for £162,000
 

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 14th June 2018

11.30am
Key Features
  • Three bedroomed end of terrace property
  • Situated in the heart of Oadby
  • Requiring Upgrading/Modernisation
  • Great family home or buy to let investment opportunity
  • EPC Rating: F
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Sold at Auction for £162,000

End of terrace house

Property Description:

A three bedroomed end terraced property situated in the heart of Oadby. The property is in need of modernisation but will make a lovely family home or great buy to let once modernised. There is a pleasant rear garden and te potential for off road parking to the front subject to any required permissions.

Oadby offers a wealth of local amenities and the house is only a minute’s walk to the town centre. Oadby also boasts some of the best schooling in the area.

Likely rental income of £695 pcm / £8340 per annum.

Lounge

4.08m x 3.50m
With bay window to the front aspect, radiator and fireplace.

Dining Room

3.64m x 3.44m
With Period fireplace , understairs cupboard, radiator and window to the rear.

Kitchen

3.82m x 2.14m
A range of units, integrated oven, hob and extractor hood, sink unit, Wall mounted Worcester boiler and two windows to the side aspect.

Rear Lobby

With door to rear garden.

Bathroom

With low flush w.c. wash hand basin and panel bath. Part tiled walls. Window to the rear.

Bedroom 1

3.97m x 3.52m
Original fireplace, radiator and window to the front.

Bedroom 2

3.67m x 3.07m
Radiator, built in wardrobes, Cast fireplace and window to the rear aspect.

Bedroom 3

3.80m x 2.14m
With window to the rear aspect.

Outside

Fore-garden, offering scope for the creation of parking subject to permissions. Rear garden being enclosed and private with patio and shared side 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.