fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

6 Russell Street, Loughborough, Leicestershire LE11 1BL

Auction Event
 

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.

Thursday 27th March 2025

9.00am
Key Features
  • Council Tax Band: A
  • Terraced House
  • 3 Bedrooms
  • Town Centre Location
  • Ideal Buy To Let
  • GCH and UPVC Double Glazing
  • Vacant Possession
  • Pleasant Rear Garden
  • EPC Rating: D
Add to favourites

Terraced House

Property Description:

A 3 bedroom terraced property situated within Loughborough Town Centre.

The property benefits from gas central heating and UPVC double glazing but would benefit from some minor cosmetic modernisation.

Well placed for the wide range of shops, bars, restaurants, park and cinema within the town centre and within walking distance of Loughborough University.

Two reception rooms, 3 bedrooms, cellar and enclosed garden.

Offered Freehold and with vacant possession.

An ideal buy to let investment with estimated rental value of £850 pcm / £10,200 per annum.

Lounge 3.65m x 3.18m

With radiator and window to front aspect.

Dining Room 3.61m x 3.32m

Having radiator, stairs to first floor, window to rear aspect and further stairs to cellar.

Cellar

Providing useful storage space.

Kitchen 2.66m x 1.85m

With base and wall units, sink, work surfaces, space for appliances (the appliances will be included in the sale) and window to side aspect.

Rear Lobby

With cupboard housing the Combi boiler and door to garden.

Bathroom

Comprising low flush w.c. wash hand basin and panel bath with shower over. Tiled walls and floors, heated towel rail and window to rear.

Landing

With doors to the 3 bedrooms.

Bedroom One 4.66m x 3.20m

With over stairs cupboard containing loft access, radiator and window to front.

Bedroom Two 3.33m x 3.13m

Having radiator and window to rear.

Bedroom Three 2.37m x 2.38m

With radiator and window to rear.

Outside

From the front a shared side passage leads to a pleasant rear garden having flagstone patio and seating area, stoked borders and being enclosed by wood panel fencing and brick walling.

Note

We are informed that the small flat roof to the rear was replaced approximately 18 months ago with a 10 year guarantee.

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 16 mbps. Superfast 61 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 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.