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22 Marlow Road, Leicester LE3 2BQ

Lot no: 19 Sold at Auction for £124,000
 

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 24th November 2022

10.00am
Key Features
  • Bay fronted terrace
  • Great location
  • Requires modernisation
  • Potential for HMO (subject to permissions)
  • Two bedrooms
  • Good transport links
  • EPC Rating: F
  • Council Tax Band: A
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Sold at Auction for £124,000

Terraced House

Property Description:

DRAFT DETAILS

A traditional double bay fronted terraced house in a popular location close to Narborough Road.

The property requires a scheme of modernisation but offers good room sizes, good sized garden and is close to great transport links.

Situated in a non Article 4 area and there lends itself to potential HMO use. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Well placed for the shops, bars and restaurants along Narborough Road along with Fosse shopping park, DeMontfort University and the motorway network.

Lounge 4.15m x 3.37m

With bay window to front aspect.

Dining Room 3.64m x 3.37m

With stairs to first floor and window to rear aspect.

Kitchen 3.89m x 3.37m

With base and wall units, sink, appliance spaces and window to side aspect.

Landing

Giving access to the two bedrooms and large bathroom.

Bedroom One 4.26m x 3.85m

With bay window to front aspect.

Bedroom Two 3.64m x 3.01m

With overstairs cupboard and window to rear aspect.

Large Bathroom

With low flush w.c. wash hand basin, panelled bath, part tiled walls and window to rear.

Outside

Small garden to the front. Shared side passage to rear. Good sized rear garden with lawn and brick out buildings.

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.