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48 Nursery Close, Shepshed, Loughborough LE12 9SN

Lot no: 34 Sold at Auction for £120,000
 

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.

Wednesday 27th March 2024

9.00am
Key Features
  • Semi Detached House
  • Rental income of £563.33 per calendar month/£6,760 per annum
  • Driveway to side
  • Gas central heating and UPVC double glazing
  • Ideal Investment Opportunity
  • Popular Location
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Sold at Auction for £120,000

Semi-detached house

Property Description:

A three bedroom semi detached property which is offered let out on a Protected Tenancy.

Situated in a quiet yet convenient location with good access to the villages amenities and schooling and having excellent links to the motorway network.

The property benefits from gas central heating, upvc double glazing and has a side driveway which also gives scope for a side and rear extension, subject to any required permissions.

The property has a long standing tenant on a Protected Tenancy paying £563.33 per calendar month/£6,760 per annum.

An excellent investment opportunity offering an initial yield of over 6% and a medium to long term price increase.

Entrance Porch

With door to hallway.

Reception Hall

With radiator and stairs off.

Cloakroom

Located under the stairs with low flush w.c.

Lounge 4.04m x 3.17m

With fireplace, radiator and window to front.

Dining Room 4.14m x 2.80m

With radiator, fireplace and window to rear.

Kitchen 3.54m x 2.27m

With base and wall units, oven and hob, sink, window to side and door to conservatory.

Conservatory 3.95m x 2.96m

Being of UPVC construction with tiled floor and door to garden.

Landing

With airing cupboard and window to side.

Bedroom One 4.35m x 2.95m

With radiator and window to front. Built in cupboard.

Bedroom Two 3.37m x 3.20m

With radiator and window to rear. Built in cupboard.

Bedroom Three 3.10m x 2.90m

With radiator and window to front aspect.

Bathroom

Low flush w.c. wash hand basin and shower cubicle. Part tiled walls and window to rear aspect.

Outside

Garden to front. Driveway to side offering parking. Enclosed rear garden backing on to a small wooded area. There is scope for extension to the side and rear, subject to any required permissions.

Construction material:

Standard brick.

Water supply:

Mains.

Electricity supply:

Mains.

Sewerage arrangements:

Mains.

Heating supply:

Gas central heating.

Broadband:

Standard - 9 mbps. Superfast - 41 mbps. Ultrafast - 1000 mbps.

Mobile phone coverage:

O2, EE, Vodafone.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.



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.