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61 Battenberg Road, Leicester, Leicestershire LE3 5HB

Lot no: 36 Sold at Auction for £140000
 

Guide Price £125,000+ 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 27th July 2023

10.00am
Key Features
  • Large Terraced House
  • Two Bedrooms
  • Two large reception rooms
  • Great letting location
  • Requires Modernisation
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Sold at Auction for £140000

Terraced House

Property Description:


A larger than average, 2 bedroom, terraced house requiring modernisation.

The property is situated in a great letting location close to plenty of local amenities and giving easy access to the City Centre, The West End and public transport links.

The house offers a hallway, two large reception rooms, kitchen, two large double bedrooms and bathroom. Enclosed garden to rear.

An ideal investment opportunity with estimated rental value after refurbishment of £850 pcm / £10,200 per annum.

Reception Hallway

With radiator and original cornice.

Lounge 3.78m x 3.32m

With radiator, fireplace, original cornice and window to front aspect.

Sitting Room 4.31m x 3.62m

Having radiator, fireplace and french doors to rear garden.

Kitchen 4.65m x 2.35m

With base and wall units, sink, window to side and door to rear garden.

Landing
Bedroom One 4.85m x 3.78

A large bedroom with radiator and window to front aspect.

Bedroom Two 3.85m x 3.61m

With radiator, over stairs cupboard and window to rear.

Bathroom

With 3 piece suite comprising low flush w.c. wash hand basin and panel bath. Window to rear.

Outside

Enclosed rear garden with patio and flower beds along with outside w.c and brick store. Shared side gated access.

Note

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

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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).


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.