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Flat 2, 331 Station Road, Bagworth, Coalville LE67 1BL

Lot no: 59 Sold at Auction for £90,000
 

Guide Price £87,000+ 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 25th April 2024

9.00am
Key Features
  • Two bedroom two bathroom apartment with parking
  • Great condition
  • Let at £630 per calendar month/£7,560 per annum
  • Ideal buy to let investment opportunity
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Sold at Auction for £90,000

Flat

Property Description:

A large two bedroom, two bathroom, apartment offering over 650 sq.ft. of accommodation.

The property is in excellent order throughout and benefits from UPVC double glazing, gas central heating and residents parking.

Currently let out on a rolling assured shorthold tenancy at £630 per calendar month/£7,560 per annum.

Situated on the top floor of this modern building, well placed for Bardon Business Park, Amazon and Pallex distribution centres and great transport links.

An ideal buy to let opportunity with income form day one.

Communal Hallway

With post boxes, secure entry door with intercom and stairs to upper floor.

Reception Hallway

Intercom, radiator and cloaks cupboard.

Lounge / Kitchen / Diner 9.60m x 3.32m

A large open plan room with well equipped kitchen having base and wall units, sink, worktops and integrated oven, hob and extractor. Dining area and lounge with two radiators and window to rear with open aspects.

Bedroom One 4.92m x 4.45m

With radiator and window to rear.

En-Suite

Comprising low flush w.c. wash hand basin and shower cubicle. Extractor fan and radiator.

Bedroom Two 3.38m x 2.60m

With radiator and window to rear.

Bathroom

With low flush w.c. wash hand basin and panel bath. Part tiled walls, radiator and extractor fan.

Outside

Large parking area for residents with allocated parking.

Construction material:

Brick

Water supply:

Mains

Sewerage arrangements:

Mains

Electricity supply:

Mains

Leasehold Information

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

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Subject to tenancy.

Ground Rent

£300

Unexpired Years

116


Parking Arrangements

Allocated



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.