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36 Almeys Lane, Earl Shilton, Leicestershire LE9 7AJ

Lot no: 60 Re-entry to a future auction
 

Guide Price £110,000+ 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.

Tuesday 10th December 2024

9.00am
Key Features
  • Council Tax Band: A
  • Two one bedroom flats
  • Fully let at £7,800 per annum
  • Popular location
  • Parking and good size rear garden
  • EPC Rating: E and E
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Re-entry to a future auction

Block of Apartments

Property Description:

A superb, freehold, investment property. An end terraced house which has been converted into two one bedroom flats.

The property benefits from parking to the front for two cars and a good size rear garden.

Offered fully let and offering a combined income of £7,800 per annum. Potential for rental increase.

Well placed in a quiet location but close to plenty of local amenities and public transport links.

Communal Reception Hallway

With access to ground Floor flat and stairs rising to first floor.

Flat one(let at £3,900 per annum):
Entrance Lobby

WIth door to lounge

Lounge 4.16m x 4.06m

With windows to side and rear aspects.

Kitchen 2.55m x 2.22m max

With base and wall units, sink, wall mounted boiler, work surfaces, window to side and back door.

Bedroom 3.76m x 3.00m

With windows to side and front aspects.

Bathroom

Having low flush w.c. wash hand basin and panel bath. Part tiled walls and window to side aspect.

Flat two (let at £3,900 per annum)
Landing

With doors to all rooms.

Lounge 3.72m x 3.00m

With window to front and side aspects.

Kitchen 2.76m x 1.92m

With base and wall units, sink, worktops and window to front aspect.

Bedroom 4.64m x 3.30m

With windows to side and rear aspects.

Bathroom

WIth low flush w.c. wash hand basin and panel bath. Window to rear aspect.

Outside

Each flat has one parking space to the front. To the rear is a good size rear garden with side gated access.

Construction Material

Standard brick, as built, no insulation (assumed)

Broaband:

Standard - 15 mbps, Superfast - 259 mbps and Ultrafast - 1000 mbps available

Mobile Phone Coverage

O2, EE and Vodafone available

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.




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 1.2% of the purchase price (subject to a minimum 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.