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205 Hermitage Road, Loughborough, Leicestershire LE11 4PD

Lot no: 14 Sold at Auction for £146,500
 

Guide Price £100,000+ 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 April 2023

10.00am
Key Features
  • Semi-Detached House
  • Three Bedrooms
  • Water Damaged
  • Requires Renovation
  • Great Letting Location
  • EPC Rating: C
  • Council Tax Band: B
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Sold at Auction for £146,500

Semi-detached house

Property Description:


A 3 bedroom semi detached house which has suffered water damage due to a leak in the roof or pipe in the loft space.

The property had recently undergone a refurbishment with a new kitchen, bathroom, decor and a full re-wire. Most of the works are now required again. Property benefits from gas central heating and UPVC double glazing.

Sold as seen to include brand new appliances still in packaging in the kitchen.

Situated in a popular and convenient location. Having good local amenities and good access to the Loughborough University Campus and town centre. The motorway network is only a mile away which gives easy access to East Midlands Airport.

The house would make a great family home or excellent buy to let investment. Estimated rental value after modernisation is £950 per calendar month / £11,400 per annum.

Reception Hallway

With radiator and stairs to first floor.

Lounge 3.22m x 3.17m

With radiator and window to front aspect.

Family Room 3.23m x 2.20m

With radiator and window to rear.

Dining Kitchen 5.48m x 3.07m

With base and wall units, ample dining area, windows to rear and side and door to side.

Cloakroom

With low flush w.c. and wash hand basin. Window to rear.

Landing

With window to rear.

Bedroom One 3.68m x 3.08m

With radiator, built in cupboard and window to front.

Bedroom Two 3.23m x 2.90m

With radiator, built in cupboard and window to front.

Bedroom Three 3.12m x 2.47m max

Having radiator and window to rear aspect.

Bathroom

With panel bath with shower over, wash hand basin, part tiled walls, radiator and window to rear.

Separate W.C.

Having low flush w.c. wash hand basin and window to rear.

Outside

Lawned garden to front. Offering scope for parking subject to dropped kerb approval. Side gated access leads to rear with lawned gardens.

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 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.