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Flat 6, Phoenix House, 3 Berridge Street, Leicester LE1 5JE

Lot no: 47 Auction Event
 

Guide Price £100,000 - £115,000 plus fees

UnconditionalOn 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 22nd August 2024

9.00am
Key Features
  • Council Tax Band: D
  • Guide Price: £100,000 - £115,000
  • Spacious third floor apartment
  • Two bedroomed accommodation
  • Prime position
  • EPC Rating: Awaited
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Flat

Property Description:

A spacious two bedroomed third floor apartment located in a handsome, period conversion.

The apartment is well located in a prime position within the City centre. There is an abundance of bars, restaurants and shopping facilities all within a minutes walk and the train station is only an approximate five minute walk away.

The building has a secure entrance with intercom system and both stairs and lift. The flat inside is in excellent condition and has numerous period features including high ceilings, exposed brickwork and Iron work.

An ideal potential buy to let investment with estimated rental value of £900 per calendar month/ £10,800 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Reception Hallway

With new flooring, intercom system and vertical radiator.

Open Plan Living Space 5.85m x 5.65m max

A bright and airy room with city views. A well equipped kitchen with base and wall units, integrated oven, hob and extractor. Built in washing machine and wine rack. Sink unit set into stainless steel work surfaces. Spacious lounge area with radiator, feature exposed brickwork and iron work. Large picture window and Juliet Balcony.

Bedroom One 5.70m x 3.68m

A large master bedroom with radiator, ample wardrobe space and window.

Bedroom Two 3.60m x 2.80m max

With radiator, cupboard space and window.

Luxury Bathroom

Comprising of a four piece suite including wash hand basin, low flush wc, large jacuzzi bath and separate double shower cubicle. Tiled flooring, part tiled walls, heated towel rails and window.

Leasehold Information

999 years from 1 April 2002. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Building construction

Solid brick, as built, no insulation (assumed)

Conservation Area

We have been made aware this property is in the Greyfriars conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.

Broadband

Standard 16 mbps and Superfast 80 mbps are available in this location

Mobile Signal

EE, O2, Vodaphone and Three are available in this location for Voice and Data.

Satellite and Cable TV Availability

Sky and BT are available in this location.

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. Vacant possession upon completion.

Unexpired Years

977


Utilities Information
  • Heating Supply: Electric
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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.