Apartment
The property is currently let on a AST at £700 pcm from November 2019 until November 2020 producing a return of over 8% at the current guide price.
The Horizon in Leicester city centre is the highest landmark building in its vicinity. Comprising 112 one and two bedroom apartments, all featuring high end interior specification. The building itself soars 16 storeys above of the edge of the city centre, and offers spectacular views towards Leicester city centre, the Highcross shopping centre and across Abbey Park. You enter the building through the boutique hotel style entrance lobby with concierge desk with two elevators taking you to the 12th floor flat.
Engineered maple timber flooring, halogen spot lighting, video entry system, entrance door with five-lever security locks, security chain and peephole. Electric panel heating.
Kitchen 7.06m x 5.50m
Engineered maple timber flooring, range of base
and eye level units. Integrated electric oven, hob and extractor hood, integrated refrigerator, washer/dryer, dishwasher,
stainless steel finished sink and drainer. Halogen spot lighting, patio doors leading to balcony. TV point and communal satellite dish connectivity (subject to subscription). Electric panel
heating. Hot water tank and central heating system controls cleverly concealed in kitchen unit
16.00m x 3.02m Double glazed window, halogen spot lighting, electric panel heating.
16.00m x 2.82m Double glazed window, halogen spot lighting, electric panel heating
2.24m x 2.03m
Contemporary style white sanitary ware with chrome finished taps, steel bath, thermostatic mixer shower over bath, toughened glass shower screen, heated towel rail, ceramic tiled floors, shaver point, wall mirror, shelves, and glass holder, full height tiling around bath and half tiling elsewhere. Halogen spot lighting and extractor fan.
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 Conditional with Reservation Fee (England and Wales).
Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price
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.
