Auction House / Leicestershire
  • For Sale By Unconditional Online Auction
  • Guide Price* : 44,000
  • Auction Ended 11/04/2023

52 Rutland House Rutland Street, Leicester, LE1 1SF

FOR SALE VIA NATIONAL ONLINE AUCTION. REGISTER TO BID!

Description

A second floor studio apartment within a convenient location opposite The Curve Theatre and within the Cultural Quarter of Leicester.
Ideal as a buy to let investment. Sold with vacant possession.
There is an entrance hall with an airing cupboard and bathroom. The spacious principal room has French doors to a Juliet balcony. There is a fitted kitchen with built-in appliances including a washing machine, fridge freezer, dishwasher and oven, hob, and cooker hood.
Held on a long lease of 125 years, first granted 1st January 2003, with an unexpired term of 105 years.
We understand from the seller that the current ground rent is £125.00 per annum and the service charge is currently £463.44 per 6 months.

Tenure

Leasehold. The property is held on a 125 year lease from 1st January 2003 (thus approximately 105 years unexpired).

Council Tax Band

A

Lease Start Date

01/01/2003

Lease Duration

125 years (104 years unexpired)

Annual Ground Rent

£125

Annual Service Charge

£926

Lot Type

Residential

EPC Rating

C

VAT

VAT is not applicable

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.

Buyers Premium

Buyers will be required to pay a buyer's premium of £1140.00 (£950.00 + VAT)

Administration Charge

Buyers will be required to pay an auction administration fee of £1,200 inc VAT

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the buyer.

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* Guide | 44,000
  • Tenure: Leasehold. The property is held on a 125 year lease from 1st January 2003 (thus approximately 105 years unexpired).
  • Unconditional (Immediate Exchange)

Call the team on 0116 222 7575 for more information

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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.