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2 Marfitt Street, Belgrave, Leicester, Leicestershire LE4 6RN

Lot no: 22 Sold at Auction for £178,000
 

Guide Price £160,000+ plus fees

Unconditional with Fixed FeeOn 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.

Tuesday 17th April 2018

11.30am
Key Features
  • Large bay fronted end of terraced property
  • Ideal four bedroom HMO or great family home
  • Fully refurbished
  • Potential rental income of approximately £17,000 per annum
  • EPC Rating: E
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Sold at Auction for £178,000

End of terrace house

Property Description:

The property has modern kitchen and bathrooms, gas central heating, good décor, re plastered throughout, wired in smoke alarms and UPVC double glazing.

A ready made investment which can be let straight away and would give a rental income of approx. £17,000 per annum and giving a return of over 10%.

The property would also make a great three bedroom family home in this highly desirable location, close to the array of amenities along Melton Road.

Reception Hallway
Bedroom 1 4.20m x 2.40m

Bay window to the front aspect.

Lounge 3.70m x 3.50m

With laminate flooring and window to the rear aspect.

Kitchen 2.00m x 4.20m

With a modern range of base and wall units, sink unit, space for appliances, built in oven, gas hob and extractor hood, breakfast bar, wall mounted boiler in matching wall cupboard and window to the side aspect.

Rear Lobby

With space for appliances and door to rear garden.

Bathroom

With white suite comprising low flush w.c. wash hand basin and panel bath with shower over, heated towel rail and tile flooring.

Landing
Bedroom 2 4.04m x 3.70m

With window to the front aspect.

Bedroom 3 3.13m x 2.83m

With window to the rear.

Bedroom 4 4.20m x 2.00m

With window to the rear aspect.

Shower Room

With low flush w.c. wash hand basin and shower cubicle and heated towel rail.

Outside

The property benefits from a small fore-garden and a good size rear garden which is fully enclosed and secure.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.