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157 Station Road, Ratby, Leicester, LE6 0JR

Lot no: 8 Sold After Auction
 

Guide Price £117,000+ 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.

Tuesday 22nd October 2019

11.30am
Key Features
  • Characterful Victorian terraced cottage in a desirable village location
  • 2 bedrooms
  • Parking
  • Ideal buy to let or for first time buyer
  • EPC Rating: C
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Sold After Auction

Cottage

Property Description:

The property is well presented throughout with gas central heating and double glazing and also benefits from a good size garden and parking to the front.

Well placed for the excellent amenities within the village and also giving easy access to the M46, M1, M69 and A50.

An ideal first time buy or excellent buy to let which would rent for around £600 pcm / £7200 per annum

Lounge Diner - 3.58m x 3.89m

With a window to the front elevation, built in meter cupboard, central heating radiator, carpet flooring and a door to the kitchen.

Kitchen - 2.62m x 3.89m

Fitted with a range of wall and base units. Space for appliances, sink unit and mixer tap, plumbing for washing machine, wall mounted central heating boiler. Window to the rear elevation.

Landing
Bedroom One - 2.64m x 2.64m

With a window to the rear and central heating radiator. Would suit a small double bed

Bedroom Two - 2.59m x 3.38m

With a window to the front and central heating radiator. Would suit a small double bed.

Bathroom - 1.65m x 2.64m

Fitted with a three piece suite comprising a bath with shower unit over, wash hand basin and WC. There is also a heated towel rail.

Outside

The front of the property is gravelled. There is shared access across the rear of the property with a small courtyard garden and a path leads to a mainly laid to lawn garden with fencing to boundaries.

Tenure:

Freehold.


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.