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56 Kingston Road, Leicester, Leicestershire LE2 1QB

Lot no: 18A Sold Prior to Auction
 

Guide Price £199,000+ 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 11th February 2020

11.30am
Key Features
  • Large Corner Property
  • 4/5 Bedrooms
  • Popular Location
  • Ideal Buy to Let
  • EPC Rating: E
  • Potential income circa £20,000 per annum
  • Fully Refurbished
  • UPVC double glazing and GCH
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Sold Prior to Auction

End of terrace house

Property Description:

A large corner property. 3 Storey. 4/5 bedrooms, 2 bathrooms. Enclosed garden. Close to Evington Road and the Mosque.

The property was formerly a corner shop and 4 bedroom house.

It has now been converted to one large house. It has been let in the past as a 5 bedroom HMO and did have a HMO licence. However, it has been more recently been rented out as 4 bedroom home on a single assured shorthold tenancy.

The property is now offered vacant after it has had refurbishment including new décor, flooring, kitchen and bathrooms. It also benefits from gas central heating, UPVC double glazing and wired in HMO compliant fire alarm system.

Potential income of around £20,000 per annum if let as a HMO and subject to any required permissions.

The house has recently had a new roof and has been re-wired

Reception Hallway

With stairs off.

Lounge 3.74m x 3.68m

With radiator and window to the side aspect.

Bedroom / Sitting Room 4.40m x 3.90m

With windows to two aspects, radiator and laminate flooring

Kitchen 3.93m x 2.10m

Refitted with modern base and wall units, sink, integrated oven, gas hob and extractor hood. Window to the side.

Utility Room

With wall mounted combi boiler, wall cupboards and plumbing for automatic washing machine.

Shower Room

Refitted with a white suite comprising of w.c. wash hand basin and shower cubicle, tiled walls and floor and extractor fan.

Landing

With radiator

Bedroom 1 3.96m x 3.82m

With radiator, built in wardrobe and window to the front.

Bedroom 2 3.70m x 2.80m

Radiator, built in wardrobe and window to the side.

Bedroom 3 2.90m x 2.10m

With radiator and windows to the side and rear.

Refitted Bathroom

With low flush w.c. wash hand basin and bath with shower over. Tiled walls and floor and window to the side.

Second Floor
Bedroom 4 6.71m x 3.70m

With radiator and Velux windows to the front and rear aspects

Outside

There is a low maintenance garden to the rear which is fully enclosed by brick walling.

Tenure:

Freehold.



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.