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63 Cherryleas Drive, Leicester, LE3 0LT

Lot no: 107 Sold at Auction for £90,000
 

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.

Wednesday 30th September 2020

9.30am
Key Features
  • Spacious first floor maisonette
  • Two bedroomed accommodation
  • Situated just off Fosse Road North.
  • Ideal first time buy or excellent buy-to-let investment.
  • EPC Rating: C
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Sold at Auction for £90,000

Maisonette

Property Description:

We are informed by the seller that the property benefits from an extended lease with over 130 years remaining and that there is no ground rent or service charges payable.

Other benefits include gas central heating with combi boiler, uPVC double glazing and garage.

Well placed for local amenities including, parks, shops, schooling, Royal Infirmary Hospital, motorway access and great public transport links.

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

Estimated rental value in the region of 625 per calendar month / £7,500 per annum.

In more detail the property comprises -

Reception Hallway

With stairs to first floor.

Landing

With cupboard housing the combi boiler.

Lounge/Diner

With window to the front aspect, electric fire and radiator.

Kitchen

Having base and wall units, built in oven and hob, stainless steel sink unit, space for appliances, radiator and window to the rear.

Bedroom One

With window to the front and radiator.

Bedroom Two

With window to the rear and radiator.

Bathroom

Having a white suite comprising low flush wc, wash hand basin and panel bath with shower over. Radiator. Part tiled walls and window to the rear.

Outside

A paved garden to the front of the property. Single garage in block with up and over door.

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.