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8 Martinshaw Lane, Groby, Leicester, LE6 0BJ

Lot no: 10 Sold at Auction for £204,000
 

Guide Price £185,000+ 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 12th February 2019

11.30am
Key Features
  • Three Bedroomed Detached Bungalow
  • Large Plot
  • Scope for Development or Extension STPP
  • Great Location
  • EPC Rating: B
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Sold at Auction for £204,000

Detached bungalow

Property Description:

A detached bungalow located in the highly desirable village of Groby. Close to local amenities, parks and schools.
The property offers flexible accommodation and offers huge scope for extension or the possibility of either building to the rear or demolition of the bungalow and new properties built in its place, all subject to any required planning permissions. The plot is approximately 18m wide. The bungalow itself does require modernisation but benefits from majority double glazing, gas central heating and modern kitchen.

The accommodation briefly comprises:

Ground Floor
Entrance Hallway

Having UPVC door to the front elevation, radiator.

Lounge

4.41m x 3.60m
With radiator and window to the rear. Access to a large pantry store.

Kitchen

3.46m x 2.73m
Having a range of wall and base units, inset sink unit, hob and built in oven, sink unit and two windows to the rear aspect.

Lean to

of Aluminium construction.

Bedroom One

3.30m x 3.70m
Having radiator and window to the front aspect.

Bedroom Two

3.65m x 3.65m
Having radiator and window to the front aspect.

Bedroom Three

3.63m x 2.43m
Having radiator and window to the side aspect.

Family Bathroom

Comprising bath and wash handbasin with ceramic tiling. Radiator and window to the side.

Wc
Outside

Lawned garden to the front. Ample space to both sides of the property.
Driveway with oversize detached garage.
Large rear garden with lawn, summer house and mature fruit trees.

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.