Ground floor flat
A large, one bedroom ground floor apartment with its own private access and cellar.
This spacious apartment is located to the rear of a handsome Villa situated on Narborough Rd. The flat benefits from electric heating and double glazing but does require cosmetic upgrading. It has its own private access to the rear with the added benefits of a large store / bike cupboard and useful cellar.
Well placed for a wide range of local amenities along Narborough Rd and great transport links.
An ideal buy to let investment with estimated rental value of £500 pcm / £6000 per annum after modernisation.
Lease - 125 years from 2004
Service Charge £114.42 per month
Ground Rent - £50 per year
With large cupboard / bike store, door to front communal hallway and further door to cellar.
With intercom and doors to all rooms.
With window to side aspect and electric heater.
WIth base and wall units, sink, worktops and window to side aspect.
With electric heater and window to side aspect.
Having low flush w.c. wash hand basin and shower cubicle.
Communal gardens to the front and side and further garden to rear mainly used by flat 2.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Leasehold. Vacant possession upon completion.
£50
£1,373
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
