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172 Central Road, Coalville, Leicester, Leicestershire LE67 2FG

Lot no: 14 Sold Prior to Auction
 

Guide Price £68,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Monday 8th April 2019

11.30am
Key Features
  • Three Bedroomed Terrace
  • In need of some modernisation
  • Well placed for a range of everyday amenities
  • Great transport links to nearby Ashby, Burton and Leicester
  • EPC Rating: D
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Sold Prior to Auction

Terraced House

Property Description:

To be offered for sale on 8th April unless sold prior online visit: online.sdlauctions.co.uk/lot/details/10196 for more information or call 0345 2220197

A great opportunity to purchase this charming terrace property located in the popular north Leicestershire town of Coalville. In need of some modernisation, however benefits from gas central heating. The property is well placed for a range of everyday amenities including shops, local market and schooling including Stephenson's Academy. The town is situated along on the A511 and offers great transport links to nearby Ashby, Burton and Leicester, with access to the M1 north and south bound to Derby and Nottingham.

We are informed the rental income is £330 pcm but there is scope for rental increase to around 500pcm.

Ground Floor:
Lounge
Fitted Kitchen
Lobby
Shower Room
First Floor:
Three Bedrooms
Outside:

Front yard, rear garden and garage.

Tenure:

See Legal Pack. 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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.