** Ideal Investment Opportunity **

Leicester Real Estates in conjunction with SDL Property Auction House are proud to offer this beautifully presented two bedroom, ground floor apartment in the popular area of Thorpe Astley.

An ideal buy to let investment you enter the property into a hallway, leading to a large open plan kitchen and lounge. Double French doors lead to a rear private garden. Two good size bedrooms and a family bathroom complete the property.

The property also benefits from double glazing, electric storage heaters and an allocated parking space in a communal car park.

Currently tenanted and receiving an annual rent of £9000 this property is within close proximity to the City Centre and Motorway links.

Property Details:

Entrance Hall- A welcoming entrance to the property with spotlighting and new carpets. 

Open Plan Living Kitchen Diner –The open plan lounge/kitchen is perfect for family living or entertaining. The fitted kitchen consists of wall mounted and base units with a modern work surface and complimentary floor tiling. Features include a built-in oven with hob over and extractor hood, insetted sink and drainer with mixer tap, space for washing machine and fridge freezer. The living area boosts an electric fireplace with additional electric heater, carpet flooring, spotlighting and double doors which lead into the garden.

Bedroom one- A large room offering plenty of space for a bed and wardrobes. A side window gives plenty of sunlight into the room. 

Bedroom two- A double room offering plenty of space for a bed and wardrobe. Neutral colours with newly fitted carpets give the room a modern finish.

Bathroom- A modern bathroom comprising of a WC, bath with overhanging shower and wash basin. Complimentary tiles give the bathroom a contemporary finish. 

Outside- Double doors open into a low maintenance lawned garden with a fenced perimeter. The property also has an allocated parking space which can be accessed through a gate in the garden.

Tenure - We understand the property to be leasehold with Blaby District Council.

Council Tax- Tax Band B. Please be advised that when a property is sold, local authorities reserve the right to re-calculate the council tax band.

Money Laundering- In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g. Passport or driving licence and proof of current address (e.g. Current utility bill, bank statement etc dated within the last 3 months). Please note that these documents are required before a Sale is agreed.

Viewing- Viewing of this property is highly recommended and through appointment only. Call Leicester Real Estates on 0116 2448811 to arrange.

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms.

Auction Fees:

The following non- refundable auctioneers fee applies:

• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Reservation Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

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.