fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

12A Johns Court, Blaby, Leicester, LE8 4DJ

Lot no: 8 Sold After Auction
 

Guide Price £79,000+ 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 23rd July 2019

11.30am
Key Features
  • Two bedroomed self contained apartment
  • Great condition
  • Close to amenities
  • Approximate 8% return. Great buy to let investment
  • EPC Rating: E
Add to favourites
Sold After Auction

Flat

Property Description:

A self-contained apartment located in the heart of Blaby. The property is in excellent order throughout and is ready to move into.
It is well placed for local amenities including shops, schools and parks and give excellent access to the Motorway network.
A great first time buy or excellent buy to let investment with an estimated rental value of £550 PCM / £6600 per annum and offering a return of around 8%.
There is also scope to move the kitchen into the large lounge, to make an open plan lounge / kitchen and to then turn the original kitchen into a third bedroom which then gives the option to rent out on a room by room basis.

The accommodation briefly comprises:

Reception Hallway

With large cloaks cupboard and further airing cupboard.

Lounge

4.70m x4.11m
With new electric radiator, TV point and window to the front aspect.

Kitchen

4.10m x 2.05m
With a range of modern base and wall units, sink unit, built in oven, hob and extractor unit and sky lite window.

Bedroom One

4.47m x 2.96m
With electric radiator, large built in wardrobes and window to the rear.

Bedroom Two

4.43m x 2.10m
With window to the rear aspect.

Bathroom

Having a modern, white suite comprising low flush w.c. wash hand basin, panel bath with shower over, part tiled walls and sky lite window.

Note

We have been informed there will be a new 999 year lease.

Tenure:

Leasehold.


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.