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35 Melton Road, Oakham, Rutland LE15 6AX

Auction Event
 

Guide Price £175,000+ 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 30th January 2025

9.00am
Key Features
  • Council Tax Band: D
  • 3 Bedroom Terrace
  • Hallway and 2 Reception Rooms
  • 3 Bedrooms & First Floor Bathroom
  • Town Centre Location
  • Great Buy To Let Investment
  • Nice Size Garden
  • EPC Rating: D
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Terraced House

Property Description:

A bay fronted terraced property situated within the centre of the desirable Market Town of Oakham.

The property offers scope for cosmetic improvement but offers well proportioned accommodation with hallway, two reception rooms, good size dining kitchen, 3 bedrooms and first floor bathroom.

Within an easy walk of the vast array of shops, bars and restaurants within the town centre and the Train Station is only a two minute walk away.

A great family home or excellent buy to let investment in a great letting location. Potential use as an Air B&B letting as this property is located in a tourist area and is close to Rutland Water.

Prospective buyers are referred to the legal pack in relation to the right of way and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground Floor

Hallway, Lounge, Dining Room, Dining Kitchen, Lean To

First Floor

Landing, Bedroom One, Bedroom Two, Bedroom Three, Bathroom

Outside

Small garden to front and enclosed rear garden which is mainly laid to lawn.

Conservation Area

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

Flood Risk

Surface water - High

Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.

Satellite and Cable TV Availability

BT, Sky and Virgin are available in this location.

Broadband (estimated speeds)

Standard 18 mbps. Superfast 62 mbps. Ultrafast 10000 mbps.

Construction Material

Solid brick, as built, no insulation (assumed) Information taken from EPC

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas Central
  • 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 an 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 fees apply:

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

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.