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9 Lorraine Road, Aylestone, Leicestershire LE2 8ES

Lot no: 100 Sold at Auction for £140,000
 

Guide Price £115,000+ 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.

Wednesday 30th September 2020

9.30am
Key Features
  • Bay fronted terraced house
  • Three bedrooms
  • Well presented but would benefit from minor modernisation.
  • Popular and convenient location
  • EPC Rating: F
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Sold at Auction for £140,000

Terraced House

Property Description:

Well placed for local amenities, parks, good schooling, Fosse shopping park, motorway access and great public transport links.

The property is well presented but would benefit from minor modernisation.

An ideal first time buy or excellent buy to let investment.

Estimated rental value in the region of 650 per calendar month / £7,800 per annum.

In more detail the property comprises -

Lounge 3.4m x 3.4m

With bay window to the front aspect and fireplace with gas fire.

Dining Room 3.4m x 3.4m

With electric fireplace, laminate wood flooring and window to the rear aspect.

Kitchen 3.8m x 1.6m

Having base and wall units, built in oven and hob, stainless steel sink unit and both window and door to the rear garden.

Shower Room 2.2m x 1.5m

Having a white suite comprising low flush w.c. wash hand basin and walk in shower cubicle. Tiled walls and floor and window to the side.

First Floor Landing

Leading to -

Bedroom One 3.9m x 3.4m

With window to the front.

Bedroom Two 3.4m x 3m

With window to the rear and built in cupboard.

Bedroom Three 2.m x 1.6m

With window to the rear.

Outside

Small garden to the front. Side access leads to a private rear garden with paved patio, gravelled seating area and timber garden shed.

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.