Block of Apartments
A superb investment opportunity comprising of the whole first floor of this corner building which houses three self-contained apartments.
The flats have recently been converted and are in great condition throughout with modern kitchen and bathroom, tasteful decor and new flooring.
Situated off a shared communal hallway each flat has its own utility supplies and meters.
Well placed in the heart of Hinckley Town Centre close a great range of shops, bars, restaurants and schooling.
Opportunity to split and sell or rent out.
Estimated Rental Value of circa £25,000 per annum once let.
A six week completion is available for this lot.
With secure entry door and stairs off.
Hallway, Lounge/Kitchen, Bedroom, Shower Room
Hallway, Cloaks / W.C. , Lounge/Kitchen, Bedroom One, Bedroom Two, Shower Room.
Lounge/Kitchen, Hallway, Bedroom, Shower Room
These sales details are awaiting vendor approval.
Term, 115 years from 27 March 2015. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
River: Not identified<br>Coastal: Not identified<br>Surface Water: identified<br>Groundwater: Not identified
Leasehold. Vacant possession upon completion.
105
- Heating Supply: Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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.
