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22 Edward Road, Clarendon Park, Leicester LE2 1TF

Lot no: 16 Sold at Auction for £164,000
 

Guide Price £128,000+ 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 26th August 2021

10.00am
Key Features
  • Three bedrooms
  • Great location
  • Ideal investment
  • Renovation project
  • EPC Rating: G
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Sold at Auction for £164,000

Terraced House

Property Description:

DRAFT DETAILS

Well placed just off Queens Road and the array of local bars, restaurants, shops and within a two minute walk of Victoria Park.

The property benefits from gas central heating and part uPVC double glazing, but now requires modernisation.

Due to the layout we believe moving the bathroom upstairs to create a large kitchen to the ground floor to be a best possible option.

A great investment with an estimated rental value of £750 per calendar month/£9,000 per annum.

The accommodation comprises:

Lounge 3.35m x 3.07m

With window to the front aspect and radiator.

Dining Room 3.35m x 3.07m

With understairs cupboard, radiator and window to the rear.

Kitchen 2.48m x 1.63m

Unfitted and with a window and door to the side aspect.

Bathroom

With bath, sink and w.c. Cupboard with Worcester boiler, radiator and window to the side.

First Floor Landing

Leading to -

Bedroom One 4.02m x 3.36m

With radiator and window to the front.

Bedroom Two 3.33m x 2.14m

With radiator and window to the rear.

Bedroom Three 2.50m x 1.64m

With radiator and window to the rear.

Outside

A rear garden with paved seating area.

Tenure:

Freehold. Vacant possession upon completion.



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.


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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


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.
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