fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Apartment 36, The Zenith Building, 26 Colton Street, Leicester LE1 1QA

Lot no: 137 Withdrawn Post
 

Guide Price £110,000+ 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.

Thursday 29th February 2024

10.00am
Key Features
  • 3rd Floor Apartment
  • Highly Sought after Development
  • 2 Double Bedrooms
  • Parking
  • City Centre Location
  • Ideal Buy To Let
Add to favourites
Withdrawn Post

Apartment

Property Description:


A superb two double bedroom apartment with parking.

A fantastic, two bedroom apartment, situated on the fourth floor. Located within the highly regarded Zenith building, an award winning development set in the heart of the Cultural Quarter.

The property is in good order throughout and has the added benefit of Secure underground parking.

An ideal buy to let opportunity with estimated rental value of £1100 pcm / £13,200 per annum.

Alternatively there maybe scope for letting on an air b and b basis, subject to any required permissions.

Well placed for an array of bars and restaurants and only a few minutes walk to both the Curve Theatre and Leicester Train Station.

Main Reception

With secure entry door system, post boxes and both lift and stairs to upper floors.

Reception Hall

With intercom, electric radiator, cloaks storage cupboard and airing cupboard.

Lounge / Diner 4.76m x 3.76m

A bright and spacious room with Patio doors opening onto a Juliet balcony, electric radiator, window to side aspect and part open plan to the kitchen.

Kitchen 3.11m x 2.10m

Being well equipped with a range of base and wall units, work surfaces with inset sink. Built on oven, hob and extractor hood, further built in fridge, freezer and dishwasher.

Bedroom One 4.85m x 3.76m

With patio doors onto Juliet balcony, electric radiator and large built in wardrobes.

Bedroom Two 4.07m x 2.70m

With electric radiator, built in wardrobes and window to front.

Bathroom

Having a modern white suite comprising low flush w.c. wash hand basin and panel bath with shower over. Heated towel rail, part tiled walls and extractor fan.

Parking

The property has the added benefit of an allocated, secure parking space.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Construction material:

TBC

Water supply:

Connected. Mains.

Electricity supply:

Mains.

Sewerage arrangements:

Mains. Sewer.

Heating supply:

Electric mains.

Broadband:

Standard - 17 mbps. Superfast - 80 mbps.

Mobile phone coverage:

O2, EE, Three, Vodafone.

Leasehold Information

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

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£412

Annual Service Charge

£2,990



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.