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Flat 6, Libra Parade, Front Street, Birstall, Leicester LE4 4DP

Lot no: 125 Re-entry to a future auction
 

Guide Price £68,000+ 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.

Tuesday 5th September 2023

10.00am
Key Features
  • Spacious top floor apartment
  • Two bedrooms
  • Parking
  • Good condition and great location
  • EPC Rating: D
  • Council Tax Band: A
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Re-entry to a future auction

Flat

Property Description:

A spacious top floor, two bedroomed apartment.

The apartment is located in the centre of Birstall and surrounded by a fantastic range of local amenities, good schooling and great transport links.

Offered in good order throughout with modern kitchen and bathroom and neutral decor.

The property has a large lounge/dining room which may offer potential to convert part into a third bedroom, subject to any required permissions. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Benefitting from some great views and a residents car park to the rear.

Buy to let opportunity with rental value of £750 per calendar month / £9,000 per annum, based on comparable evidence.

Reception Hallway

With cloaks storage cupboard.

Lounge Diner 4.90m x 6.00m max

An L-shaped room with windows to front and rear aspect two radiators and laminate wood flooring.

Kitchen 2.25m x 3.50m

With a modern range of base and wall units, integrate oven, hob and extractor, work surfaces with inset sink and window to front.

Bedroom One 3.65m x 3.85m

With window to front aspect and radiator.

Bedroom Two 3.17m x 2.37m

With window to rear aspect, built in wardrobe and radiator.

Outside

Parking to the rear in the residents car park.

Leasehold Information

99 years from 24 June 1977. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Potential Buy To Let Investment

Thought suitable as a Buy-to-Let investment opportunity subject to any restrictions contained within the lease. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

53



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.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

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.