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7 Clifford Street, Leicester, Leicestershire LE3 5RF

Lot no: 29 Sold at Auction for £135,000
 

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 26th October 2023

10.00am
Key Features
  • Terraced House
  • Ideal Buy To Let
  • GCH and UPVC double glazing
  • Estimated Rental Value £800 pcm
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Sold at Auction for £135,000

Terraced House

Property Description:


2/3 bedroom mid terraced house ready to move into, located in a prominent position.

The property is well located for a great range of local amenities including shops, bars, restaurants and parks, as well as giving easy access to DeMonfort University, Leicester Royal Infirmary and the City Centre.

A great first time buy opportunity or excellent buy to let investment with estimated rental value of £800 pcm / £9600 per annum.

Benefiting from gas central heating and uPVC double glazing.

In 2022 the property benefited from a refurbished and re-tiled roof. The property has been re-decorated throughout, new front and back doors fitted, and with the carpets, laminate and tile flooring throughout all in a very good condition. The property is being offered with vacant possession, following the end of a long term let.


Ground Floor

Reception Hallway, Dining Room/Bedroom 3, Lounge, Kitchen, Rear Hallway, Bathroom

First Floor

Landing, Bedroom One, Bedroom Two

Outside

Enclosed rear garden

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.