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Flat 26, The Annexe, 3 Junior Street, Leicester, Leicestershire LE1 4QF

Lot no: 27 Withdrawn Post
 

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.

Thursday 28th September 2023

10.00am
Key Features
  • Two Bedroom Apartment
  • Allocated Parking
  • City Centre Location
  • Great Investment Buy
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Withdrawn Post

Apartment

Property Description:

A two bedroom city centre apartment with parking.

Well presented two bedroom apartment located on the 5th floor of this purpose built block. The property has the added and rare benefit of allocated parking.

Well placed for the bars, restaurants and shops within the city centre along with Leicester Royal Infirmary Hospital.

A great buy to let investment with estimated rental value of £850 pcm / £10,200 per annum.

Communal Hallway

With secure entry system and intercom.

Apartment Comprises

Reception Hallway, Open Plan Lounge / Kitchen, Bedroom One, Bedroom Two, Bathroom, Balcony and Allocated Secure Parking

Leasehold Information

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

Note

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.

Ground Rent

£405

Unexpired Years

981




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.