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142D Beaumanor Road, Leicester, Leicestershire LE4 5QB

Auction Event
 

Guide Price £45,000+ 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: A
  • First Floor Flat
  • One Bedroom
  • Double Glazing and Electric Heating
  • Ideal Buy To Let Investment
  • Popular Location
  • Estimated Rental Income £600 pcm
  • EPC Rating: E
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Flat

Property Description:

A one bedroom first floor maisonette situated in a popular location just off Abbey Lane with a good range of local amenities and excellent transport links close by.

The property offers spacious accommodation and benefits from UPVC double glazing, electric heating and its own private entrance.

An ideal buy to let investment opportunity with estimated rental value of £600 pcm / £7200 per annum. A potential gross return of 16%.

Offered with vacant possession. Viewing highly advised.

Hallway

With doors to kitchen and cloakroom.

Cloakroom

With low flush w.c. wash hand basin and window to side.

Kitchen 2.75m x 2.66m

With base and wall units, sink, work surfaces, integrated oven, hob and extractor and window to front aspect.

Lounge 3.83m x 3.68m

With electric radiator and window to front aspect.

Inner Hallway

With large walk in store.

Bedroom 3.62m x 2.75m

Having window to rear aspect.

Bathroom

With a modern white suite comprising low flush w.c. wash hand basin and panel bath with electric shower over. Heated towel rail and window to side.

Leasehold Information

125 Years from 29 September 1982. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Flood Risk

Rivers and Seas - High. 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 13 mbps. Superfast 79 mbps. Ultrafast 1000 mbps

Construction Material

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

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

82


Utilities Information
  • Heating Supply: Double Glazing, 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 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.