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56 Brazil Street, Leicester, LE2 7JA

Lot no: 33 Sold at Auction for £170,000
 

Guide Price £159,000+ 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.

Thursday 29th October 2020

10.30am
Key Features
  • Traditional palisaded terraced property in popular location
  • Spacious three bedroomed accommodation
  • Potential HMO use (subject to gaining the necessary consents)
  • Views over a cricket pitch to the rear
  • EPC Rating: D
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Sold at Auction for £170,000

Terraced House

Property Description:

The property is situated in an ideal letting location as its close to DeMontfort University, The Royal Infirmary Hospital and also with easy reach of the city centre and Motorway network.

It offers deceptively spacious accommodation and an internal viewing is highly recommended.

Benefits include recent gas central heating system, uPVC double glazing, new roof covering in 2013 and views over a cricket pitch to the rear.

Potential to use as a four/five bedroomed HMO subject to gaining the necessary consents.

In more detail -

Entrance Porch

Leading into -

Reception Hallway

With stairs off.

Lounge / Bedroom 4 4.40m x 3.45m

Tiled fireplace, bay window and radiator.

Sitting Room 3.62m x 3.50m

With radiator, fireplace and window to the rear.

Breakfast Room / Kitchen 4.02m x 3.45m

Window to the side, sink and cupboard storage.

Kitchen 2.74m x 1.82m

With a range of modern units, integrated oven, hob and extractor hood, wall mounted boiler and both window and door to the rear garden.

First Floor Landing

Leading to -

Bedroom One 4.96m x 4.30m

With bay window to the front, built in wardrobes and radiator.

Bedroom Two 3.71m x 2.81m

With window to the rear, fireplace, built on wardrobes and radiator.

Bedroom Three 3.666m x 2.78m

With bay window to the rear and cast iron fireplace.

Family Bathroom

A white suite comprising wash hand basin, panel bath with electric shower over, part tiled walls and window to the side.

Separate WC

With white low flush wc and window to the side.

Outside

Garden to the front with gated path. Side access leads to the rear garden which has a lawn, brick store and wc, stocked flower beds and being enclosed by brick walling.

NOTE:

Completion will be 6 weeks from exchange of contracts.

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.