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5 Covett Way, Western Park, Leicester, LE3 6SB

Lot no: 16 Sold at Auction for £138,000
 

Guide Price £85,000+ 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.

Thursday 28th May 2020

10.30am
Key Features
  • Two bedroomed town house in popular location
  • Gas central heating and uPVC double glazing
  • Added benefit of garage to rear
  • Ideal buy-to-let investment opportunity
  • EPC Rating: F
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Sold at Auction for £138,000

Terraced House

Property Description:

The property would make a good first time purchase or a superb buy-to-let investment, offered with vacant possession but having an estimated rental value around £665 per calendar month/£8,000 per annum.

The house benefits from gas central heating and uPVC double glazing and has the added benefit of a garage to the rear.

The property is well located for everyday amenities and is close to the Outer Ring Road, Glenfield Hospital, Fosse Shopping Park and the Motorway network.

In more detail the property comprises:

Entrance Hall
Lounge 4.36m x 4.36m

With window to the front elevation, wall mounted fire and staircase leading to the first floor.

Dining Kitchen 4.33m x 2.72m

Having a range of wall and base units, sink unit, space for appliances, wall mounted Worcester boiler and both window and door to the rear aspect.

First Floor Landing

Leading to -

Bedroom One 3.70m x 3.38m

With window to the front elevation and built-in wardrobes.

Bedroom Two 3.04m x 2.76m

With window to the rear elevation, built-in wardrobes.

Bathroom

With wash hand basin, bath with shower over, low level wc, part tiled walls, heated towel rail and window to the rear.

Outside

To the front there are gravelled flower beds and path to front door. To the rear there is a well maintained garden with gravelled seating area, lawn area, flowerbeds and enclosed by fencing. Detached garage to the rear.

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 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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