3 bedroom Link detached house in Leicester

40 Meadowsweet Road, Hamilton, Leicester LE5 1TP
  • Lot No: 94
  • Property Type: Link detached house
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £140,000+ plus fees

Result Sold at Auction £152,000

Property Description

A freehold three bedroom link detached house situated in a popular residential location approximately four miles to the north east of the city centre. The property is within easy reach of a full range of local amenities to include shops and schools. Currently let at £10,552 per annum. Increasing to £10,911 on 1st April 2021.

Ground Floor:

Vestibule, living room, dining kitchen.


First Floor:

Three bedrooms, bathroom.


Outside:

Fore-garden with off road parking, additional parking space to the side. Enclosed garden at rear.


Occupancy Agreement:

The property is let under an Occupancy Agreement (commenced on 04/12/1995) at a contractual rental of £202.93 per week rising to £209.83 per week with effect from 01 April 2021. The Agreement allows for annual increases (on 1st April) in line with the Retail Prices Index (RPI) plus 2%.


Auctioneers Note:

The Auctioneers have not inspected the property. The details have been provided by the seller and all interested parties should rely on their own investigations to verify the information provided.


Viewings:

There will be no internal viewings and interested parties are requested not to contact the occupants direct.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. 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 (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve 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.

Auction Details

Date 24th June 2021

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

40 Meadowsweet Road, Hamilton, Leicester LE5 1TP