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127 Leicester Road, Shepshed, Loughborough, Leicestershire LE12 9DG

Lot no: 41 Sold at Auction for £105,000
 

Guide Price £87,000+ 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 29th February 2024

10.00am
Key Features
  • Two bedroom terraced house
  • Two bathrooms
  • Good size garden
  • Popular location
  • Requires Modernisation
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Sold at Auction for £105,000

Terraced House

Property Description:

A good size terraced house which is well placed for the village centre and its abundance of amenities.

The property benefits from gas central heating and majority double glazing but does now require modernisation.

Shepshed is a well serviced village with an excellent range of shops, parks, pubs and schooling. It gives easy access to Loughborough and is only one mile from the M1 motorway.

The property has good room sizes and a generous rear garden and would make a lovely home or excellent buy to let investment.

Lounge 3.60m x 3.50m

With radiator, fireplace, meter cupboard and understairs cupboard. Window to front aspect.

Dining Room 3.93m x 3.53m

Being partly opened up to the lounge area with radiator, window to rear aspect and stairs off.

Kitchen 3.88m x 1.95m

Having base and wall units, sink, appliance spaces, radiator, wall mounted boiler and both window and door to side aspect.

Rear Lobby

With space and plumbing for washing machine.

Shower Room 2.35m x 2.14m

With low flush w.c. wash hand basin and shower area. Radiator and window to side.

Landing

With radiator.

Bedroom One 3.62m x 3.50m

With radiator and window to front aspect.

Bedroom Two 3.93m x 2.62m

Having radiator, overstairs cupboard and window to rear.

Bathroom

With low flush w.c. wash hand basin and panel bath. Airing cupboard and window to rear aspect.

Outside

Small garden to front with path to front door. Good size rear garden with patio and lawn, with shared side access.

Construction material:

Standard brick.

Parking arrangements:

On street parking.

Water supply:

Mains.

Heating supply:

Gas Central Heating.

Sewerage Arrangements:

Severn Trent

Broadband:

Standard - 16 mbps. Superfast - 80 mbps. Ultrafast - 1000 mbps. Broadband/Cable has never been connected to the house although readily available in the street.

Mobile Phone Coverage:

O2, EE, Three, Vodafone

Note

Please be advised that electricity supply and sewerage arrangements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

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.