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111 Hand Avenue, Braunstone, Leicester, Leicestershire LE3 1SP

Lot no: 29 Re-entry to a future auction
 

Guide Price £135,000+ 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 28th September 2023

10.00am
Key Features
  • Four bedroom mid town house
  • Parking
  • Spacious accommodation
  • Requires some modernisation
  • EPC Rating: D
  • Council Tax Band: A
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Re-entry to a future auction

Semi-detached house

Property Description:

A spacious, four bedroom, semi-detached house in popular location.

The property requires some modernisation but would make a great family home or excellent buy to let investment.

Offering spacious and extended accommodation with gas central heating and double glazing.

Close to local amenities including shops, park and schooling and having excellent transport links.

Based on comparable evidence, estimated rental value of £1,000 per calendar month/£12,000 per annum.

Ground floor:
Large hallway/study area -
Open Plan lounge/dining/kitchen - 7.02m x 6.35m max
Family room - 3.40m x 2.03m
Conservatory - 2.00m x 2.03m
Shower room -
First floor:
Landing -
Bedroom one - 4.09m x 2.86m
Bedroom two - 3.76m x 2.85m
Bedroom three - 4.11m x 2.65m
Bedroom four - 3.55m x 2.81m
Cloakroom/WC
Outside:

Garden to front with parking and enclosed rear garden with patio area.

Note:

Please be advised that, whilst our joint agent may have conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

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.