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86 Melbourne Street, Coalville, Leicestershire LE67 3QT

Auction Event
 

Guide Price £90,000+ 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 27th February 2025

9.00am
Key Features
  • Council Tax Band: A
  • Terraced House
  • 2 Double Bedrooms
  • GCH and UPVC double glazing
  • Town Centre Location
  • Requires Some Modernisation
  • Ideal Buy To Let Investment
  • Vacant Possession
  • EPC Rating: D
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Terraced House

Property Description:

A traditional 2 bedroom terraced house situated within the heart of Coalville.

Within an easy walk of the wide range of amenities and shopping centre within the Town centre and the newly developed Marlborough Square.

Great public transport links and motorway access.

The property benefits from gas central heating and UPVC double glazing and has good room sizes throughout. There is single skin brick work to the kitchen and bathroom walls and some further modernisation would be beneficial.

Offered with vacant possession, the property would make a great family home or investment opportunity to turn into a buy to let investment.

Estimated rental value of £750 pcm / £9000 per annum.

Lounge 3.59m x 3.68m (11ft 9 x 12ft 1)

UPVC double glazed window to the front, radiator and gas fire.

Sitting Room 3.62m x 4.59m (11ft 11 x 15ft 1) max

UPVC double glazed window to the front, gas fireplace with hearth and surround, stairs leading up to the first floor and radiator.

Kitchen 1.82m x 4.12m (6ft 0 x 13ft 6)

Having a selection of modern units with worktop over. With UPVC double glazed windows to the side and rear, single bowl sink and drainer with mixer tap, space and plumbing for washing machine and door leading out the rear.

Landing
Bedroom One 4.01m x 3.64m (13ft 2 x 11ft 11)

A double bedroom with UPVC double glazed window to the front and radiator.

Bedroom Two 4.15m x 3.63m (13ft 7 x 11ft 11)

With UPVC double glazed window to the rear, door to bathroom and radiator.

Bathroom 1.84m x 2.07m (6ft 0 x 6ft 9)

Panel bath with shower over, WC, hand wash basin, part tiled walling. Cupboard with Ideal combi boiler.

Outside

A large, yet low maintenance rear garden with slabbed patio areas, raised planted borders and fenced boundaries.

Flood Risk

Rivers and Seas - No Risk. Surface Water - High.

Mobile Phone Coverage

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

Satellite and Cable TV Availability

BT and Sky are available in this location.

Broadband (estimated speeds)

Standard 12 mbps. Superfast 218 mbps. Ultrafast 1000 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: Double Glazing, 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.