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62 Station Street, Loughborough, Leicestershire LE11 5EE

Lot no: 110 Re-entry to a future auction
 

Guide Price £139,000+ 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
  • Terraced house
  • Great letting location
  • Estimated rental value £850 per calendar month / £10,200 per annum
  • Gas central heating and uPVC double glazing
  • Good letting history
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Re-entry to a future auction

Terraced House

Property Description:

A traditional terraced house located in Loughboroughs Golden Triangle.

The property benefits from gas central heating and uPVC double glazing and is located in a highly desirable letting location, close to Loughborough University campus and the town centre.

Offering lounge and dining kitchen, two first floor bedrooms and side gated access to rear.

Estimated current rental value of £850 per calendar month.

An ideal investment purchase in desirable location.

Lounge - 3.30m x 3.40m

With radiator and window to front aspect.

Dining Kitchen - 3.30m x 3.76m

Fully fitted kitchen with wall and base units, sink inset into worktops, appliance spaces and radiator. Window to the rear.

Rear Lobby

With door to back garden.

Bathroom

Modern fitted suite comprising low flush wc, wash hand basin and panelled bath with shower over. Radiator and part tiled walls and window to side aspect.

Landing

With radiator.

Bedroom One - 3.30m x 3.43m

With radiator and window to front aspect.

Bedroom Two - 3.30m x 3.22m

With radiator and window to rear.

Outside

Side gated access leads to the rear garden with seating area and lawn.

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.