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17 The Old Nurseries, Ravenstone, Coalville, Leicester, LE67 2LA

Lot no: 28 Sold Prior to Auction
 

Guide Price £49,000+ 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 30th June 2020

10.30am
Key Features
  • Ground floor apartment with parking and communal gardens
  • Ideal buy to let
  • Estimated total rental income £450 PCM / £5,400 per annum
  • Popular location
  • EPC Rating: D
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Sold Prior to Auction

Apartment

Property Description:

Set in a purpose built block, the property is situated in a quiet cul de sac location and is in general good order throughout. It is ready to be lived in or rented out.

Estimated rental income of around £450 PCM / £5,400 per annum giving a return of over 8%.

Close to parks, shops, primary school and bus routes.

In more detail

Communal Hallway

Providing a secure entrance with intercom system.

Reception Hall

With tiled flooring and access to a separate storage and airing cupboard.

Living Room 3.63m x 3.51m

Having a window overlooking the rear elevation with apartment intercom system, electric heater, telephone and television point.

Bedroom 3.23m x 2.90m

Double bedroom having an electric heater and window overlooking the rear aspect.

Breakfast Kitchen 3.30m x 1.78m

Offering a range of wall and base units with integrated oven and grill, electric four ring hob and extractor hood. Sink and drainer unit with a mixer tap and space / plumbing for further appliances. Additionally, there is breakfast bar along with a window that overlooks the side elevation tile effect vinyl flooring, tiled splash-backs and electric heater.

Bathroom

A refitted, white, three piece suite comprising: panelled bath with electric shower over, wash hand basin, low flush w.c. and part tiled walls.

Outside

Communal lawned gardens.
Residents parking.

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.

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