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Apartment 17 The Mill, 6-8 Fosse Road North, Leicester, LE3 5EQ

Lot no: 21 Withdrawn Post
 

Guide Price £79,000+ 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 25th February 2021

10.30am
Key Features
  • Two bedroomed, third floor apartment
  • Gas central heating and double glazing
  • Secure allocated parking space
  • EPC Rating: D
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Withdrawn Post

Apartment

Property Description:

This third floor, two bedroomed apartment is well located, just over one mile outside of Leicester City Centre. The property offers two double bedrooms, an open plan lounge with kitchen and dining area and a family bathroom. Benefitting from gas central heating throughout, double glazing, an allocated parking space and further storage within the basement.

The property boasts excellent transport links with a regular bus service on Fosse Road North and Leicester train station which is just over two miles away. Within walking distance of the property you’ll also find all necessary amenities including supermarkets, shops, eateries and bars.

The property also has a secure gated entrance to the front and rear of the property with key fob entry given to residents only.

An ideal investment with a previous rental income of £625 pcm (£7,500 per annum) but now sold with vacant possession.

Ground Floor:

Entrance with intercom for visitors, post box for each apartment, with lift and stair access to flat. There is also a cellar housing electric and water meters, a bike store and allocated secure cupboard/store.

Top Floor Apartment:

Open plan lounge with kitchen and dining area - 5.56m x 3.58m.
Bathroom - 2.77m x 2.03m (with separate shower and jacuzzi bath).
Bedroom One - 4.67m x 3.53m.
Bedroom Two - 4.67m x 2.16m.

Outside:

Allocated parking space accessed via secure eletrics gates.

Tenure:

Leasehold. We are informed by the seller there are over 105 years remaining. Interested parties are advised to seek clarification from the legal pack.

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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