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4 Johns Avenue, Mountsorrel, Loughborough LE12 7DA

Lot no: 12 Sold at Auction for £129,000
 

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 March 2025

9.00am
Key Features
  • Council Tax Band: B
  • Development Opportunity
  • Cul De Sac Location
  • Scope For Demolition and Development Of a 3-4 Bedroom Home Subject to Planning
  • Favoured Village Location
  • EPC Rating: D
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Sold at Auction for £129,000

Bungalow

Property Description:

A development opportunity comprising of a non standard construction bungalow standing on a good size plot in a favoured village location.

Excellent scope for demolition and development of a larger, potentially 3-4 bedroom detached property, subject to planning permission.

Other properties, including next door have gone through the same process.

A new dwelling would likely comprise of 3-4 bedrooms, parking and have a good size rear garden.

Well placed in a quite cul de sac location but within easy reach of the villages amenities and having excellent transport links.

Current Bungalow

Hall, Lounge, Kitchen, Bedroom 1, Bedroom 2, Shower Room

Outside

A good size plot with parking/ driveway and large rear garden.

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 13 mbps. Superfast 134 mbps.

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

Driveway



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.