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168 Cavendish Road, Leicester, Leicestershire LE2 7PJ

Lot no: 2 Sold at Auction for £103,000
 

Guide Price £85,000+ 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.

Tuesday 9th October 2018

11.30am
Key Features
  • A two bedroomed terraced house located within Aylestone.
  • Ideally situated for the motorway network, Leicester Royal Infirmary Hospital and Leicester City Centre.
  • Great first time buy or buy to let investment which would rent for around £7,500 per annum.
  • In need of modernisation
  • EPC Rating: F
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Sold at Auction for £103,000

Terraced House

Property Description:

A two bedroomed terraced house located within Aylestone. Ideally situated for the motorway network, Leicester Royal Infirmary Hospital and Leicester City Centre. The property would make a great first time buy or buy to let investment which would rent for approximately £7,500 per annum.

Lounge

3.40m x 3.40m With UPVC window to the front, UPVC door to the front and meter cupboard.

Dining Room

3.48m x 3.35m UPVC window to the rear and stairs leading to the first floor.

Kitchen

2.72m x 1.75m With a range of units, space for appliances, UPVC window to side and UPVC door leading into the garden.

Landing
Bedroom One

3.81m x 3.40m With UPVC window to the front elevation.

Bedroom Two

3.50m x 2.82m With UPVC window to the rear elevation and overstairs cupboard.

Bathroom

With bath, WC, airing cupboard and UPVC window to the rear elevation.

Outside

To the rear of the property is an enclosed garden with brick walling and useful brick outbuilding.

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.