Apartment
A one bedroomed second floor flat in a converted Church.
The property has a wealth of features including stone archways, stone carvings and exposed timbers. Inside there is a lift and the flat is in great order internally with a modern kitchen and bathroom and good décor.
The property is in a perfect location within the City Centre, being a one minute walk to the train station, close to numerous shops, bars and restaurants in the city and on London Road. Both DeMontfort and Leicester University are also within walking distance making it a perfect buy to let investment.
We believe the property was previously let for the last few years at £550pcm.
We are informed that the lease has been extended to 120 years and the monthly service charge is approximately £65.
The accommodation briefly comprises:
Communal Reception with lift and stairs.
With storage heater, intercom system and airing cupboard with new pressurised system fitted.
5.48m x 3.11m
With electric wall heater, two Velux windows to the side, original exposed timbers and superb feature stone archway.
2.80m x 2.14m
Fitted with a modern range of Ikea base and wall cupboards, Stainless Steel sink unit, integrated oven, hob and extractor fan and roll top work surfaces.
4.53m x 2.85m
With built in wardrobes, electric heater, exposed timber beams and stone archway.
Having a modern suite comprising of low flush w.c. wash hand basin and large, double shower cubicle. Built in storage.
Leasehold. 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.
