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Flat 37, Lyndwood Court, Stoughton Road, Stoneygate, Leicester, LE2 2EJ

Lot no: 27 Sold at Auction for £86,000
 

Guide Price £65,000+ 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 29th October 2020

10.30am
Key Features
  • Spacious two bedroomed ground floor apartment with garden views and car parking
  • Situated in a purpose built block in Stoneygate
  • In need of modernisation but benefits from gas central heating
  • Ideal buy-to-let opportunity with an estimated rental income of £600pcm/£7200 pa after modernisation
  • EPC Rating: C
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Sold at Auction for £86,000

Apartment

Property Description:

DRAFT DETAILS
Situated off Stoughton Road, the block offers superb, well maintained gardens and car parking.

The apartment is now in need of modernisation but has gas central heating with a recent combi boiler and is south facing, with a 79 year lease, a bright and airy feel and has views over the gardens.

An ideal buy to let with an estimated rental value of £600 pcm/ £7200 per annum after modernisation.

The accommodation comprises in more detail:

Communal Reception Hallway
Reception Hallway

With two built in cloaks/storage cupboards.

Lounge/Diner 6.42m x 3.33m

With radiator and picture window overlooking the gardens.

Kitchen 3.05m x 2.62m

With base and wall units, sink, space for appliances and recent combi boiler. Window to the rear over looking the gardens.

Bedroom One 3.33m x 3.04m

Window to the rear, radiator and built in wardrobe.

Bedroom Two 3.33m x 2.90m

With window to the side, radiator and built in wardrobes.

Bathroom

With low flush wc, wash hand basin and panel bath with shower over. Part tiled walls and radiator.

Outside

Superb lawned gardens and a large residents car park with ample 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.