Apartment
A superb investment opportunity comprising of a modern apartment in a purpose built block situated in the town centre of Loughborough.
The property is currently let to two university students at £918.66 per month / £11,023 per annum.
The development is part of the landmark Rushes development and therefore has an abundance of shopping, bars and restaurants on its doorstep as well as being well placed for Loughborough University and being a 10 minute walk to the train station.
A superb investment opportunity with income from day one, situated in a fantastic location.
With secure entry door with intercom and both stairs and lift to upper floors.
With electric radiator and intercom system.
With base and wall units, sink, integrated oven, hob and extractor unit. Roll top work surfaces and spot lighting.
With electric radiator and French doors to front with Juliet balcony.
With electric radiator and window to front aspect.
With modern white suite comprising low flush w.c. wash hand basin and panelled bath with shower over. Part tiled walls, heated towel rail and extractor fan.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
£50
105
£881
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.
