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40 Tuffleys Way, Thorpe Astley , Leicester, Leicestershire LE3 3UT

Lot no: 207 Sold Prior to Auction
 

Guide Price £118,000+ 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 June 2023

10.00am
Key Features
  • Modern Two Bedroom Apartment
  • Allocated Parking
  • Ideal buy to let investment opportunity
  • Popular Location
  • EPC Rating: C
  • Council Tax Band: B
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Sold Prior to Auction

Flat

Property Description:

A two bedroom modern apartment in this ever popular location.

Well placed for a great range of amenities and the motorway network.

The property also benefits from double glazing, electric storage heaters, allocated parking and its own garden.

An ideal buy to let with estimated rental value of £750 per calendar month/£9,000 per annum.

The property comprises an entrance hall which offers a welcoming entrance to the property with spotlighting and new carpets.

There is an open plan lounge/kitchen which is perfect for family living or entertaining. The fitted kitchen consists of wall mounted and base units with a modern work surface and floor tiling. Features include a built-in oven with hob over and extractor hood, insetted sink and drainer with mixer tap, space for washing machine and fridge freezer. The living area boasts an electric fireplace with additional electric heater, carpet flooring, spotlighting and double doors which lead into the garden.

Bedroom one is a large room offering plenty of space for a bed and wardrobes. Bedroom two is a double room offering plenty of space for a bed and wardrobe. Neutral colours with newly fitted carpets give the room a modern finish. The bathroom is modern comprising of a WC, bath with overhanging shower and wash basin. Complimentary tiles give the bathroom a contemporary finish.

Externally the double doors open into a low maintenance lawned garden with a fenced perimeter. The property also has an allocated parking space which can be accessed through a gate in the garden.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£230

Unexpired Years

138

Annual Service Charge

£583



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.