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104 Vernon Road, Leicester, Leicestershire LE2 8GB

Lot no: 13 Sold at Auction for £152,500
 

Guide Price £85,000+ plus fees

Unconditional with Variable 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.

Thursday 27th April 2023

10.00am
Key Features
  • Extended Terrace House
  • Requires Full Upgrading
  • Three Bedrooms
  • Popular Location
  • Ideal Project
  • EPC Rating: E
  • Council Tax Band: A
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Sold at Auction for £152,500

Terraced House

Property Description:

A 3 bedroom terraced house requiring full modernisation and upgrading.

The property has been extended to the rear to give good size accommodation but is now in need of modernisation throughout.

Situated in a popular and convenient location. Plenty of local amenities and schooling close by as well as excellent transport links to the City centre, Fosse Shopping Park and the Motorway network.

Once renovated it will make a great family home or excellent buy to let investment.

Ground Floor

Lounge / Dining Room, Extended Kitchen, Rear Lobby, Bathroom.

First Floor

Landing, Bedroom One, Bedroom Two, Bedroom Three.

Outside

Small rear yard/garden.

Tenure:

Freehold. Vacant possession upon completion.




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 Variable 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s 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 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.