Description
A purpose Buit first Floor Flat. Ideal Buy to Let investment
FOR SALE VIA ONLINE UNCONDITIONAL AUCTION. BIDDING OPENS MONDAY 1st JULY & CLOSES TUESDAY 2ND JULY AT 1.00PM. REGISTER TO BID AT AUCTIONHOUSE.CO.UK/LEICESTERSHIRE.
A purpose built first floor flat in a pleasant location. Gas central heating and double glazing. Ideal buy to let investment.
Communal hall, entrance hall, lounge with open plan kitchen One double bedroom and bathroom. Designated parking space. 99-year lease from 01/05/2008 with 83 years unexpired.
Accommodation Communal hall, Entrance Hall, Lounge/Kitchen 5.92m x 2.95mmin 3.99m max, Bedroom 3.89m x 2.64m, Bathroom 2.03m x 1.69m,
Outside Designated parking space
Tenure Leasehold. The lease was first granted on 01.05/2008 for a term of 99 years. 83 years unexpired. Ground rent is reviewed every 10 years and we understand it is currently £150,000 per annum. There is an absentee landlord and the management company has been dissolved. There are currently no service charges being paid.
Disbursements Please see the legal pack for any disbursements listed that may become payable by the buyer.
Buyers Administration Fee Buyers will be required to pay an auction administration fee of £1500.00 (£1,250 + VAT)
Buyer's Premium Buyers will be required to pay a Buyers Premium of £1500.00 inc VAT (£1250.00 + VAT)
Consumer Protection Legislation These sales details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our sales details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the purchaser for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.
Tenure: Leasehold
EPC Rating: C
Tenure
Leasehold. The property is held on a 99 year lease from 01/05/2008 (thus approximately 83 years unexpired).
Council Tax Band
A
Lease Start Date
01/05/2008
Lease Duration
99 years (82 years unexpired)
Annual Ground Rent
£150 - reviewed every 10 years
Lot Type
Residential
EPC Rating
C
Important Notice to Prospective Buyers
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.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- Tenure: Leasehold. The property is held on a 99 year lease from 01/05/2008 (thus approximately 83 years unexpired).
- Unconditional (Immediate Exchange)
Call the team on 0116 222 7575 for more information
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