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4 The Keep, East Leake, Rushcliffe, Loughborough, Leicestershire LE12 6ND

Lot no: 110 Re-entry to a future auction
 

Guide Price £169,000+ 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.

Wednesday 31st January 2024

10.00am
Key Features
  • Two Bedroom Bungalow
  • Rear Garden with Detached Single Garage
  • Conservatory
  • EPC Rating: G
  • Council Tax Band: B
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Re-entry to a future auction

Bungalow

Property Description:

Located in the popular Nottinghamshire village of East Leake, this bungalow offers fantastic scope for modernisation and improvement. The village itself is highly regarded, hosting a range of local amenities including cafes, shops, schools and a doctor's surgery. It is commutable to the University town of Loughborough, plus Nottingham and Leicester, with East Midlands Airport being just under 10 miles away.

Set back from the road and benefiting from a cul-de-sac position, the property has a walled frontage with front garden and driveway to the side.

The front entrance door leads into the hallway, where doors lead off to the various rooms.

Both to the front aspect, the two bedrooms are well proportioned and both doubles, with the larger of the two having a characterful bay window.

The bathroom hosts a suite comprising a bath, WC and hand wash basin, with a window to the front aspect.

Having undergone some improvement work already, the main reception room is a fantastic space, having both wall and ceiling light points, plus an open chimney. Double doors open to the glazed conservatory to the rear, which enjoys views out over the rear garden.

The kitchen is situated adjacent to the lounge, also offering access out to the conservatory, with there also being a window to the side aspect.

Externally, the rear garden has both patio and lawn, together with a detached single garage having an up and over door to the front, as well as separate pedestrian access.

Draft Sales Details

These sales details are awaiting vendor approval.

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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

• Buyers 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 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.