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76 Swan Street, Sileby, Loughborough, Leicestershire LE12 7NW

Lot no: 74 Sold at Auction for £118,000
 

Guide Price £110,000+ 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 27th March 2024

9.00am
Key Features
  • Two bedroom terraced house
  • Popular location
  • Close proximity to Train Station
  • Two reception rooms and study
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Sold at Auction for £118,000

Terraced House

Property Description:

A well proportioned bay fronted terraced house situated in a popular and highly convenient location.

A good range of local amenities and only a few minutes walk to the Train Station. The property benefits from gas central heating and UPVC double glazing.

In brief the property comprises of a living room, dining room, kitchen, rear lobby with storage and shower room (potential for a utility room). The first floor benefits from landing, two double bedrooms, a study and bathroom. Outside, there is an enclosed garden to the rear.

An ideal potential buy to let investment or great family home.

Living Room - 3.38m x 3.33m (11ft1 x 10ft11)

uPVC double glazed walk-in bay window to the front, fitted cupboards to the side of chimney breast, coving to ceiling, picture rail, radiator and door accessing an inner lobby.

Inner Lobby

The inner lobby has access to an under stair storage cupboard and open access to reception room two/dining room.

Dining Room - 3.76m x 3.66m (12ft4 x 12ft)

uPVC double glazed window to the rear elevation, wall mounted gas fire and radiator.

Kitchen - 3.48m x 2.06m (11ft5 x 6ft9)

The kitchen has a stainless steel sink unit, base and wall mounted units, work surface, plumbing for washing machine, radiator, wall mounted combination gas boiler and uPVC window and door to the side elevation.

Rear Lobby -

The rear lobby has built in shelving / storage and uPVC double glazed window to the side elevation and radiator.

Shower Room -

Having shower area with thermostatic shower, low flush WC, wash hand basin, velux double glazed skylight window, radiator and tiled splash backs. This room could be made in to a utility room.

Landing -
Bedroom One - 4.09m x 3.45m (13ft5 x 11ft4)

uPVC double glazed window to the front elevation, a feature period fireplace and door accessing an over stair storage cupboard. Radiator.

Bedroom Two - 3.73m x 3.23m (12ft3 x 10ft7)

uPVC double glazed window to the rear elevation, radiator, feature period fireplace and door accessing and an over stair storage cupboard.

Study Room - 2.08m x 1.88m (6ft10 x 6ft2)

uPVC double glazed window to the side elevation and door accessing the bathroom.

Bathroom -

With a three piece suite comprising: bath, low flush WC, wash hand basin, radiator and a built in airing cupboard. uPVC double glazed opaque glass window to the rear elevation and tiled splash backs.

Outside

To the front of the property is a walled garden and gated access leading to the front entrance door. Gated side access to an alleyway leading to the rear garden. Enclosed rear garden with seating area and both walled and fenced boundaries.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Construction material:

Standard brick.

Parking arrangements:

On Street.

Water supply:

Mains.

Electricity supply:

Mains.

Sewerage arrangements:

Mains.

Broadband:

Standard - 17 mbps. Superfast - 80 mbps.

Mobile phone coverage:

MainsO2, EE, Three, Vodafone

Please note:

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

Please note:

We have been advised by the seller that a previous survey flagged the presence of dry rot in the flooring of the living room, immediately on entry through the front door. The survey also recorded the need for some remedial plaster repairs in the second bedroom. The sellers are not aware of any further issues. Prospective buyers are advised to make all necessary independent enquiries prior to 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.