• For Sale By Unconditional Online Auction
  • Guide Price* : £50,000
  • Auction Ends

Flat 407 The Atrium, 2 Morledge Street, Leicester, Leicestershire, LE1 1ST

GUIDE PRICE £50,000 + FEES FOR SALE BY ONLINE AUCTION 22ND AUGUST 2019

Description

A third floor studio apartment within The Atrium in the popular Cultural Quarter of Leicester City. Close to all the city amenities and the train station. Excellent buy to let investment. 125 year lease from 01/01/2004. Ground rent £150.00 PA.
EPC rating C

Accommodation

Third floor studio apartment

Tenure

Leasehold. The property is held on a 125 year lease from X01/01/2004 (thus approximately 109 years unexpired).

Lot Type

Residential

EPC Rating

C

Buyers Premium

The buyer must pay a buyer's Premium of £1200.00 (£1000.00 + VAT)

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Minimum Opening Bid

£48,000

(Reserve Not Met)
Enter Bid (Min £48,000)

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* Guide | £50,000
  • 1 Bedroom
  • Tenure: Leasehold. The property is held on a 125 year lease from X01/01/2004 (thus approximately 109 years unexpired).
  • Unconditional (Immediate Exchange)

Call the team on 0116 222 7575 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.