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66 Mountcastle Road, Leicester, Leicestershire LE3 2BX

Lot no: 68 Re-entry to a future auction
 

Guide Price £100,000+ 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 September 2022

10.00am
Key Features
  • Two Bedroom Terraced House
  • Let at £6960 per annum
  • Popular Location
  • GCH and UPVC double glazing
  • Freehold
  • EPC Rating: D
  • Council Tax Band: A
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Re-entry to a future auction

Terraced House

Property Description:

DRAFT DETAILS

A two bedroom terraced house in popular location.

A traditional terraced property which is offered let on an assured shorthold tenancy.

Let at £535.38 per four weeks /£6960 per annum.

The property is in general good order and benefits from gas central heating and UPVC double glazing throughout, however, there is some evidence of structural movement.

Situated in a poplar location off Narborough Road and close to an excellent range of local amenities and great transport links.

A great addition to any rental portfolio.

Lounge 3.38m x 3.35m

With radiator and window to front aspect.

Dining Room 3.66m x 3.37m

With understairs cupboard, window to rear, radiator and stairs off.

Kitchen 4.20m x 1.87m

WIth base and wall units, work tps, inset sink, wall mounted combi boiler and both window and door to side aspect.

Landing

With doors to two bedrooms and bathroom.

Bedroom One 3.88m x 3.47m

With radiator and window to front aspect.

Bedroom Two 3.67m x 2.94m

With over stairs cupboard, radiator and window to rear.

Bathroom 4.03m x 1.88m

With low flush w.c. wash hand basin, panel bath and separate shower cubicle.
Part tiled walls, radiator and window to rear.

Outside

Shared side entrance leads to an enclosed rear garden.

Tenure:

Freehold. Subject to tenancy.



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.