4 bedroom Block of Apartments in South Wigston

35 Healey Street, South Wigston, Leicestershire LE18 4PY
  • Lot No: 60
  • Property Type: Block of Apartments
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £165,000+ plus fees

Result Sold Prior to Auction

Property Description

DRAFT DETAILS An ideal investment opportunity comprising of two x2 bedroom flats with a large workshop/store/triple garage to the rear. The freehold property benefits from gas central heating and UPVC double glazing and each flat has its own utility supplies. Ground Floor Flat- Vacant. Estimated rental value £595 per calendar month, based on comparable evidence. First Floor Flat- Let on an assured shorthold tenancy at £575 per calendar month/£6,900 per annum. Store/Garage - Vacant. Estimated rental value £1,000 per annum, based on comparable evidence. Total estimated rental income circa £15,000 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Close proximity to a great range of local amenities including shops, schools, college, supermarkets and Train Station.

Ground Floor Flat

Lounge, Kitchen, Bedroom One, Bedroom Two, Shower Room


First Floor Flat

Lounge, Kitchen, Bedroom One, Bedroom Two, Shower Room


Outside

Side Driveway, Paved rear yard, Store/Triple Garage approximately 20ft x 16ft


Draft Sales Details

These sales details are awaiting vendor approval.


Please note:

We have been advised by the vendor that Oadby and Wigston Borough council introduced a Selective Licensing Scheme to which they applied for and received. The vendor has read through the terms and it states the licenses are non transferrable, therefore any new landlord would need to reapply. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


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.