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2 Braids Court, 502 London Road, Stoneygate, Leicester, LE2 2PP

Lot no: 34 Sold at Auction for £95,000
 

Guide Price £75,000+ 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 April 2021

10.00am
Key Features
  • Spacious first floor apartment
  • Electric heating and UPVC double glazing
  • Residents parking, garage and well maintained gardens
  • Highly regarded purpose built block within Stoneygate
  • EPC Rating: C
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Sold at Auction for £95,000

Apartment

Property Description:

A spacious, bright and airy first floor apartment situated in a highly regarded purpose built block within Stoneygate.

Well placed for public transport links and within walking distance to ASDA in Oadby and the town centre.

The property benefits from electric heating and uPVC double glazing. There is residents parking, garage to the rear and well maintained gardens.

An ideal family home or great buy-to-let investment.

Estimated rental value of £595 per calendar month / £7,140 per annum.

The garage to the rear has previously been let separately to the flat at £50 per calendar month / £600 per annum.

Communal Hallway

With secure door entry and staircase to first floor.

Reception Hallway

With built in storage cupboards.

Lounge / Diner 5.40m x 3.50

With electric heater and window to the font aspect with views over the gardens.

Kitchen 2.86m x 2.11m

With base and wall units, sink unit, appliance spaces, work tops and window to the side.

Bedroom 3.88m x 3.20m

With a range of built in wardrobes, electric heater and window to the front aspect.

Shower Room

With a modern suite comprising of low flush wc, wash hand basin in vanity unit and walk in shower cubicle. Window to the side.

Outside

Residents parking. Garage to the rear (Garage number 4). Well maintained gardens with lawns and shrubbery.

Note

We are informed by the seller of the following -

Lease - 999 years from 1973.
Ground Rent - £10 per annum.
Service Charges - £165 per quarter.

Occupancy

Vacant.

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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