National Online Auction - 28th May 2024
One Bedroom Apartment – Tenants in Situ
Not inspected by Auction House, however it is understood to be a one bedroom apartment situated on the top floor of a purpose built block.
The apartment is currently tenanted on a periodic tenancy from 24th August 2023 to 23rd February 2024 currently paying £650pcm (£7,800pa).
Photos taken from a previous listing in August 2023.
Tenure: Leasehold
Title number: LT383238
Length of Lease/Term: 125 years from 1 January 2004
Ground Rent: £150pa
Service Charge: £1,341pa
Council Tax Band: B
Local Authority: Leicester
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
MAIN DESCRIPTION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Accommodation Comprising of an entrance hallway, open plan kitchen/diner/living room, bedroom and a bathroom.
Tenure: Leasehold
EPC Rating: C
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
1.2% incl VAT of the purchase price, subject to a minimum of £1,200 incl VAT, payable on exchange of contracts.
No fee applicable
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.