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24 Brendon Close, Shepshed, Loughborough, Leicestershire LE12 9BG

Auction Event
 

Guide Price £45,000+ 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.

Wednesday 29th October 2025

9.00am
Key Features
  • Council Tax Band: A
  • Studio Apartment
  • Popular Location
  • Ideal Buy To Let
  • Rental Value £525 pcm
  • Vacant Possession
  • Parking
  • EPC Rating: C
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Studio flat

Property Description:

A studio apartment in a purpose built block.

The property features a fitted kitchen with white goods such as a washing machine and fridge and cooker. Living/ bedroom. Dressing room with a built in wardrobe. Adjacent to the dressing room is a three piece shower room. There is also an off road parking space included.

Brendon Close has fantastic transport links and amenities such as close access to the M1 and a good range of local amenities.

The apartment is leasehold with a lease term of 120 years with 76 years remaining.

An ideal buy to let with estimated rental value of £525 pcm/£6300 per annum.

Lounge/Bedroom

UPVC door provides access to the communal area. A double-glazed window is located at the front, along with an electric radiator. The room also features a TV point, an internet socket, and a smoke alarm.

Kitchen

Double glazed window to the side, a stainless steel sink and drainer, wall units, floor units, and a cupboard housing an immersion heater. Also included goods such as washing machine, fridge and free standing oven and hob.

Dressing Room

With built in wardrobe and storage space.

Shower Room

With a low-level toilet and a wash hand basin, shower cubicle, extractor fan, a wall heater, and part-tiled walls.

Outside

Communal gardens and residents parking.

Draft Sales Details

These sales details are awaiting vendor approval.

Leasehold Information

Term, 120 years from 28 September 1981. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

76


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


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.