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14 Whitwick Way, Leicester, Leicestershire LE3 9TG

Lot no: 36 Sold at Auction for £110,000
 

Guide Price £100,000+ 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 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.

Tuesday 5th September 2023

10.00am
Key Features
  • 2 Bed Maisonette
  • Garage
  • Ideal Buy To Let
  • EPC Rating: C
  • Council Tax Band: A
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Sold at Auction for £110,000

Maisonette

Property Description:

Two bedroom, first floor maisonette that is in good order throughout.

The property has gas central heating with combi boiler and UPVC double glazing along with its own, private, garden and garage. Own front door with no shared areas.

Well presented throughout and is ready to be lived in /let out with an estimated rental income of £750 per calendar month/£9,000 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Well situated for the city centre and offering excellent public transport and road links.

Held on a virtual freehold with remainder of 999 year lease.

A great buy to let opportunity with potential rental return of around 10%.

Pre auction offers may be considered on this property, please contact our office.

Reception Hallway

With stairs rising to first floor.

Landing

With cupboard housing the combi boiler and further cloaks storage cupboard.

Lounge / Diner 5.15m x 3.85m

With radiator, fireplace and inset gas fire and window to rear aspect.

Kitchen 2.70m x 2.17m

With a modern range of base and wall units, work surfaces with inset sink. Integrated oven, hob and extractor. Space for appliances and window to rear.

Bedroom One 3.51m x 3.36m

With radiator and window to front.

Bedroom Two 2.63m x 2.62m

With radiator and window to front.

Bathroom

Having a white suite comprising low flush WC wash hand basin and panel bath with shower over. Part tiled walls, radiator and window to side.

Outside

The property has its own, private, rear garden with lawn, timber store and being enclosed by wood panel fencing. Single GARAGE to the rear. The garage could be let separately which would demand a rent of around £60 pcm.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note

The Property Information Form and Fittings and Contents Form supplied in the legal pack has been completed by the previous legal owner, rather than the current seller. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

942




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.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers 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.