Maisonette
A one bedroom first floor Maisonette in a quiet and popular residential location.
The property offers nicely proportioned accommodation and benefits from uPVC double glazing and electric heating.
The property is well presented throughout and would make a great buy to let investment which is ready to be let.
Well placed for local amenities and having good transport links to Loughborough and less than a mile from the M1 motorway.
Estimated rental value of £650 pcm / £7800 per annum and therefore offering a yield of over 10% against the guide price.
Front door into a private hallway with stairs rising to the first floor.
With door to lounge / diner.
With fireplace with electric fire and bow window to front aspect.
With base and wall units, sink, work surfaces, space for appliances and bow window to front.
Having a range of built in wardrobes, electric storage heater and window to rear.
With suite comprising low flush w.c. wash hand basin and panel bath with electric shower over. Tiled walls and extractor fan.
Communal gardens and parking along with attached store.
210 years from 25 March 1984. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
170
- Heating Supply: Double Glazing, Electric
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Residents
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.
