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4 Victoria Street, Loughborough, Leicestershire LE11 2EN

Lot no: 62 Postponed
 

Guide Price £130,000+ 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 25th April 2024

9.00am
Key Features
  • Two bedroom end terraced house
  • General good order
  • Let at £8,326 per annum
  • Sought After Location
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Postponed

End of terrace house

Property Description:

An end terraced property in sought after location.

Situated in walking distance to Loughborough town centre and in close proximity to Loughborough University Campus.

The property is well presented throughout with modern kitchen and bathroom, tasteful decor and benefiting from gas central heating and double glazed windows.

Currently let on an assured shorthold tenancy at £695 per calendar month/£8,326 per annum.

The property consists lounge, dining room, fitted kitchen and bathroom to the ground floor. The stairs lead to the first floor from the dining room where there are two double bedrooms.

Outside to the rear, there is an enclosed rear area. The front of the property has a wall with gate which gives access to the front door.

An ideal buy to let in a great rental location.

Lounge - 3.43m x 3.56m

Window and door to the front, light point, radiator and metre cupboard. TV and telephone point.

Dining Room - 2.67m x 3.51m

Window to the rear, access to the cellar and first floor via stairs, light point, radiator and light point.

Kitchen - 3.15m x 2.06m

Window to the side, radiator, smoke alarm. Full range of wall and base units with splash backs, inset sink and drainer, built-in cooker, hob and extractor. Plumbing for washing machine.

Rear Lobby

Door to the side opening on to the rear. Storage cupboard which houses the gas central heating boiler.

Bathroom

With modern white suite comprising low flush w.c. wash hand basin and panel bath with shower over. Part tiled walls, radiator and window to side.

Landing

Light point and smoke alarm.

Bedroom One - 3.38m x 3.58m

Window to the front, light point and radiator.

Bedroom Two - 3.53m x 2.67m

Window to the rear, light point and radiator.

Outside

Garden to front having wall to the front with gated path. Low maintenance, enclosed rear garden with seating area.

Construction material:

Standard brick:

Parking arrangements:

On Street.

Water supply:

Mains.

Electricity supply:

Mains.

Sewerage arrangements:

Mains.

Broadband:

O2, EE, Three, Vodafone available.

Mobile phone coverage:

Standard - 16 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available.

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.

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 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.