Studio flat
The block is situated just off London Rd, close to Victoria Park, the train station and city centre.
There are stunning views over the City Centre, Victoria Park and as far as Bradgate Park.
The property benefits from a lift to all floors, underfloor heating, UPVC double glazing, secure parking and entry as well as maintained gardens. It has neutral décor and recent carpets. There is also a clothes drying area and bike store.
A great buy to let opportunity which would let for around £425 PCM / £5100 per annum.
The property is leasehold with 64 years remaining but has a share of the Freehold and so no ground rent is applicable. We have been informed the lease can be extended with only legal costs to pay.
Service charges £24 per month.
In more detail-
With stairs and lift to all floors.
With modern consumer unit and airing cupboard storage.
With window to the front with stunning views.
With base and wall units, worktops, appliance spaces, sink unit and window with views
Having a white suite comprising low flush w.c. wash hand basin and panel bath with electric shower over. Part tiled walls and window to the front.
Secure electric gates lead to the car parking and well maintained, lawned gardens with drying area.
Leasehold.
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.
