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Myrtle Cottage, Main Street, Tugby, Leicester, Leicestershire LE7 9WD

Auction Event
 

Guide Price £230,000+ 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, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th July 2024

9.00am
Key Features
  • Council Tax Band: D
  • Semi detached cottage with good size garden
  • Beautiful village location
  • Requires some upgrading
  • Viewing highly recommended
  • EPC Rating: G
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Cottage

Property Description:

A quaint cottage situated in the highly desirable village of Tugby. Originally dating back to 1838 the property was formerly two cottages which have been converted into one.

Standing on a good size plot with beautiful gardens and off road parking to the rear.

The property would benefit from some modernisation but offers tremendous scope to turn into a wonderful home in a lovely village setting. Numerous period features throughout.

Well placed for good transport links and easy access to Leicester.

Potential for extension/development subject to planning permission. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Reception Hallway -

With storage cupboard and shelving.

Lounge 14ft max x 13ft10 (4.27m x 4.22m)

With beamed ceiling, stairs off to the first floor, open fire and fireplace, radiator and window to the front elevation.

Conservatory - 9ft10 x 7ft7 (3.00m x 2.31m)

With windows to the side and rear elevations and French doors to the rear garden.

Dining Room - 14ft5 max x 13ft9 (4.39m x 4.19m)

With open fire and fireplace, beamed ceiling, stairs off to the first floor, windows to the front and rear elevations and radiator.

Kitchen - 11ft4 max x 9ft6 max (3.45m x 2.9m)

Comprising base and wall mounted units with complementary work surfaces, sink unit with drainer, tiled splash backs, built in fridge, built in dishwasher, plumbing for washing machine, built in electric hob, cooker and extractor hood, tiled floor, radiator and window to the front elevation.

Laundry/utility room - 7ft2 x 4ft1 (2.18m x 1.24m)

With tiled floor, coving to the ceiling and door to the rear garden.

Bathroom - 16ft max x 9ft6 max (4.88m x 2.9m)

Comprising panelled bath, shower cubicle, wash hand basin, low flush w.c., tiled splash backs, tiled floor, coving to the ceiling, two radiators and windows to the side and rear elevations.

Bedroom One - 14ft3 x 13ft10 (4.34m x 4.22m)

With airing cupboard, original fireplace, radiator and window to the rear elevation.

Bedroom Two - 14ft1 x 13ft10 (4.29m x 4.22m)

With original fireplace, radiator and window to the rear elevation.

Outside:

The property has a beautiful, large rear garden which is mainly laid to lawn. There are flower borders with mature shrubs, plants and trees, patio area, summer house, gated side access and a hedged surround. The rear part of the garden has a gate to the road for off road parking.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Construction Material:

Solid brick, as built, no insulation (assumed)

Heating Supply:

Gas

Electricity Supply:

Mains

Water Supply:

Mains

Sewerage Arrangements:

Mains

Broadband:

Standard - 19 mbps and Superfast - 80 mbps available.

Mobile Phone Coverage:

O2, EE, Three and Vodafone available.

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.