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50 Fairfield Street, Wigston, LE18 4SL

Lot no: 23 Sold at Auction for £135,500
 

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.

Tuesday 21st May 2019

11.30am
Key Features
  • A four bedroom terraced property
  • Gas central heating and double glazing
  • Popular and convenient location
  • Ideal investment
  • EPC Rating: E
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Sold at Auction for £135,500

Terraced House

Property Description:

DRAFT DETAILS. A four bedroom property with accommodation arranged over three floors. The property benefits from gas central heating and double glazing. It is well placed for an excellent range of local shops and is also only two minutes walk to the train station making it great for commuting.

It would make a superb buy to let investment which would rent for around £8500 per annum or could possibly be utilised as a HMO property, subject to any required permissions and would the generate around £17,000 per annum.

The accommodation briefly comprises:

Ground Floor:
Lounge

3.40m x 4.20m
With radiator and bay window to the front aspect.

Sitting Room

3.40m x 3.52m
With window to rear, radiator and laminate flooring.

Kitchen

4.00m x 1.72m
Being fitted with a range of base and wall units, work surfaces, sink unit, tiled splash backs, space for appliances and window to the side aspect.

Rear Lobby

With door to the rear garden.

Bathroom

With suite comprising panelled bath with shower over, low level WC, wash hand basin, tiled floor and walls, radiator and window to rear.

First Floor
Landing
Bedroom One

3.86m x 3.64m
With window to front and radiator.

Bedroom Two

3.50m x 2.77m
With window to the front and radiator.

Bedroom Three

4.05m x 1.72m
With window to rear and radiator.

Second Floor
Bedroom Four

5.90m max x 3.50m
With Velux window to the front and rear and radiator.

Outside

To the rear there is a pleasant garden with patio and lawns which is enclosed by brick walling and fencing. There is a shared side passage to the front and small front garden.

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.