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Flat 6, 80 The Parade, Oadby, Leicester, Leicestershire LE2 5BF

Auction Event
 

Guide Price £100,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 31st July 2025

9.00am
Key Features
  • Council Tax Band: B
  • First Floor Apartment
  • Two Bedrooms
  • Oadby Town Centre
  • Let at £775 PCM / £9300 per annum
  • Great Investment Opportunity
  • UPVC double glazing and electric heating
  • EPC Rating: C
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Flat

Property Description:

A spacious first floor apartment situated in a converted building in Oadby Town Centre.

The property benefits from uPVC double glazing and electric heating and offers two double bedrooms and open plan living space.

A secure communal hallway with intercom system and both lift and stairs to upper floors.

The property is being sold as an investment and subject to the existing assured shorthold tenancy agreement. Current let at £775 PCM / £9300 per annum.

Situated in the heart of Oadby Town Centre which offers bars, restaurants and shops as well as excellent transport links and schooling.

Communal Hallway

With secure entry door, post boxes and lift access.

Reception Hallway

With intercom system.

Lounge / Diner / Kitchen 5.20m x 5.20m

With a modern kitchen with base and wall units, sink, oven, hob and hood, work surfaces, electric radiator and large picture windows.

Bedroom One 3.95m x 3.10m

With electric radiator, and window to rear.

Bedroom Two 3.86m x 3.05m

With electric radiator, and window to rear.

Bathroom

A modern suite comprising low flush w.c. wash hand basin and panel bath with shower over. Heated towel rail and window to rear.

Outside

There is onsite parking available via permit.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Subject to tenancy.

Unexpired Years

188


Utilities Information
  • Heating Supply: Double Glazing, Electric
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Permit



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

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 (subject to a minimum of £6,000 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.