Detached bungalow
An investment opportunity to refurbish and modernise a detached 2/3 bedroomed bungalow within a highly sought after residential location in Leicester and offering huge potential to add significant value once renovated.
This property is within a high demand area of south Leicester (Rowley Fields) with easy access to the city centre, Fosse Park, Asda, Sainsbury's, the M1 and M69 motorways.
The property also has development potential to convert the two attic rooms and garage (subject to obtaining planning consent) offering further investment opportunities.
The property in brief comprises of an entrance hall, four rooms which could offer either three bedrooms and one reception room or two bedrooms and two reception rooms to go with the kitchen, family bathroom with an additional WC. There are two attic rooms, garage with workshop area as well as gardens front and rear.
Viewings are highly recommended to fully appreciate the opportunity on offer.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
