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124 Lubbesthorpe Road, Leicester, Leicestershire LE3 2XE

Lot no: 21 Sold at Auction for £290,000
 

Guide Price £265,000+ 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 24th February 2022

10.00am
Key Features
  • Detached house
  • Extended to rear and side
  • Four bedrooms
  • Requires modernisation
  • Three reception rooms
  • Large rear garden
  • Car port and garage
  • Great location
  • EPC Rating: D
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Sold at Auction for £290,000

Detached house

Property Description:

DRAFT DETAILS - AWAITING APPROVAL

A superb opportunity to purchase an extended, four bedroomed detached house in a popular and convenient location.

The property benefits from gas central heating with Worcester combi boiler and part uPVC double glazing but now requires modernisation. There is a large rear garden backing onto woodland which offers scope for further extension, subject to any required permissions.

Offering three reception rooms, extended kitchen, four bedrooms, bathroom and wc.
Driveway, car port, single garage and superb garden.

Well placed on a popular road. Excellent public transport links to the city centre and within a mile of Fosse Shopping Park and the M1 motorway. Good local schooling and local amenities close by.

A superb investment opportunity for a house which will make a fantastic family home.

Reception Hallway

With stairs off and understairs cupboard.

Lounge 3.91m x 3.45m

With window to the front aspect and opening to dining room.

Dining Room 3.35m x 2.99m

With door to Family Room.

Family Room 4.66m x 3.46m

A substantial room with views over the rear garden and door to large store/potential wc/study.

Extended Kitchen 5.41m x 2.44m

With base and wall units, sink unit, work surfaces and appliance spaces. Large store cupboard, window to side and rear and door to side aspect.

Landing

With access to all bedrooms and bathroom/wc.

Bedroom One 4.24m x 3.18m

WIth built in wardobes and window to the front.

Bedroom Two 3.42m x 3.18m

With built in wardrobes and window to the rear.

Bedroom Three 4.96m x 2.28m

With windows to both the front and rear aspects.

Bedroom Four 3.04m x 2.24m

With window to the front.

Bathroom 2.24m x 1.70m

With a modern suite comprising of shower bath with electric shower over, wash hand basin, part tiled walls and window to the rear.

Separate WC

With low flush wc and window to the side.

Outside

Block paved driveway offering ample parking. Car port, which may offer scope to convert to an additional reception room/downstairs bedroom (subject to planning consent/building regulations). Single brick built garage. Large rear garden with lawns which have a private, wooded, outlook.

Tenure:

Freehold. Vacant possession upon completion.


Viewings:
To book a viewing, please contact SDL Property Auctions to arrange.

Auction Method:
The auction for this property will take place as an "Auction Event" behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely - please see the below section on "Registration Process". The auction can be watched in real-time on the auction date through SDL Property Auctions' website on their home page.
The auction date applicable for the property is displayed underneath the property description. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers Terms (England & Wales) which are available on SDL Property Auctions website.

Auction type- Unconditional with Fixed Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 15 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

Auction Fees
The following non-refundable fees apply:
Buyer's Fee- payable on exchange of contracts. This is usually £1074 including VAT, subject to the Special Conditions of Sale. This fee does not contribute towards the purchase price of 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 Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Property Auctions, and will be in addition to any fees payable to us. SDL Property Auctions has limited control over the content of the Special Conditions of Sale.

Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on SDL Property Auctions website by searching for the property. On the property details page there is a sub-heading "Legal Packs". Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, visit the SDL Property Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut off, it cannot be guaranteed that your registration will be processed.