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2 Bradgate Close, Sileby, Loughborough, Leicestershire LE12 7UW

Lot no: 50 Sold After Auction
 

Guide Price £85,000+ 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.

Wednesday 31st January 2024

10.00am
Key Features
  • Two Bedroom Flat
  • Requires Cosmetic Modernisation
  • Allocated Parking
  • Ideal Buy To Let
  • Close to Train Station and Amenities
  • EPC Rating: C
  • Council Tax Band: A
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Sold After Auction

Flat

Property Description:


A modern two bedroom ground floor flat.

The property is well situated close to the array of amenities within the village centre and only a two minute walk to the train station.

Benefiting from gas central heating, UPVC double glazing and allocated parking. Although now requiring cosmetic modernisation throughout.

An ideal buy to let opportunity with estimated rental value of £795 pcm / £9540 per annum.

Held on a long lease with 110 years remaining and a sensible service charge of approx £90 per month.

Communal Hallway

With stairs to upper floors and secure entry door.

Reception Hallway

With radiator and cloak store cupboard.

Kitchen - 2.68m x 2.65m

Having base and wall units, built in oven, hob and extractor. Space for appliances, sink, worktops, wall mounted boiler in matching wall unit and window to front aspect.

Lounge - 4.60m x 3.40m

With feature wall, radiator and window to front.

Bedroom One - 3.45m x 2.65m

With radiator and window to rear.

Bedroom Two - 2.95m x 2.65m

With radiator and window to rear.

Bathroom

Having a modern white suite comprising low flush w.c, wash hand basin and panel bath with shower over. Part tiled walls, extractor fan, radiator and window to rear.

Outside

Well maintained, communal, lawned gardens to the rear and allocated parking space.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

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.

Note

Please be advised that [INFORMATION MISSING] has been requested, but is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

131



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.