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11 Pool Road, Newfoundpool, Leicester, LE3 9GH

Lot no: 3 Sold at Auction for £114,000
 

Guide Price £90,000+ 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.

Monday 8th April 2019

11.30am
Key Features
  • Victorian terraced property with GCH and UPVC double glazing
  • Popular and convenient location
  • Ideal investment with an estimated rental income of £7000 per annum
  • EPC Rating: E
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Sold at Auction for £114,000

Terraced House

Property Description:

Close to numerous shops, bars and restaurants and well placed for the City Centre, The Royal Hospital and DeMontfort University.
The property benefits from gas central heating, double glazing and would make an excellent first time buy or superb buy to let investment which would rent for around £7,000 per annum.

In more detail-

LOUNGE 3.66m x 3.51m

With double glazed window to front, radiator and log burner inset into chimney breast.

SITTING ROOM 3.76m x 3.51m

With double glazed window to rear, radiator and stairs to first floor.

KITCHEN 3.75m x 1.80m

Being fitted with a range of base and wall units, work surfaces, sink unit, tiled splash backs, space for appliances and both door and double glazed window to rear.

LANDING
BEDROOM ONE 3.66m x 3.51m

With double glazed window to front and radiator.

BEDROOM TWO 3.73m x 3.51m

With double glazed window to rear, built in cupboard and radiator.

BATHROOM

With suite comprising panelled bath with shower over, low level WC, wash hand basin, automatic extractor unit, radiator and double glazed window to rear.

OUTSIDE

To the rear there is a pleasant garden which is enclosed by brick walling and brick built stores. There is a shared side passage to the front.

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.