Detached house
A large detached house which is currently arranged as two large flats. The property is currently arranged as a ground floor two bedroomed flat and one bedroomed first floor flat. Benefits from planning permission granted for a loft conversion to provide two further bedroom and extra shower room.The flats are currently let with a combined income of £12,600 per annum.
The property has planning permission to extend into the roof space to provide a third floor which would house two further bedrooms and the property could then easily be turned back to a family home with five bedrooms, two bathroom, three reception rooms, parking and pleasant garden.
Situated in a wide and quiet road in Rowley Fields. Easy access to local amenities, good schooling, The West End, DeMontfort University, Fosse Shopping Park, City Centre and the Motorway network.
As the property stands it comprises:
A driveway for 2-3 cars and a lawned rear garden with fruit trees.
Lounge
Dining Room
Sitting Room
Dining Kitchen
Cloakroom
Five bedrooms
Bathroom
Shower Room
Freehold. Subject to tenancy.
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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