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Apartment 5 Belvoir House, 33-37 Belvoir Street, Leicester LE1 6SL

Lot no: 25 Sold at Auction for £92,500
 

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 27th October 2022

10.00am
Key Features
  • City centre apartment
  • Two bedrooms
  • Good order
  • Great buy-to-let
  • Recently let at £750 per calendar month
  • Great location
  • EPC Rating: D
  • Council Tax Band: D
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Sold at Auction for £92,500

Flat

Property Description:

A well presented two bedroomed apartment in a great location within the city centre.

The property is in good order and has had recent decor and flooring.

Located close to an abundance of shops, bars and restaurants.

The property would make a great buy to let and was recently let at £750 per calendar month / £9,000 per annum.

Viewing highly recommended.

Reception Hallway

Giving access to -

Open Plan Lounge / Kitchen

17ft x 11ft 10

Bedroom One

11ft 6 x 8ft 6

Bedroom Two

7ft 8 x 7ft 7

Bathroom

7ft 8 x 7ft 7

Leasehold Information:

Length of lease: 125 years from 1 January 2005. Current ground rent: £250 per annum. Ground rent review period: TBC. Current service charge: £1,392 per annum. Service charge review period: TBC. This information should be clarified in the legal pack and we’ll update the information above when we receive it.

Note:

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

108



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 (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 fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

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.