1 bedroom Flat in Leicester

Flat 20 Oliver Court, London Road, Leicester, Leicestershire LE2 2PQ
  • Lot No: 2
  • Property Type: Flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £59,000+ plus fees

Result Sold at Auction £87,000

Property Description

A one bedroom, second floor apartment which requires modernisation. Well placed in the highly desirable location of Stoneygate. Within easy reach of the bars and restaurants of both Queens Road and Francis Street and having a regular bus route right outside. Victoria Park is also within an easy walk. The flat requires modernisation but would make a great buy to let investment. Estimated rental value after works is £650 per calendar month / £7800 per annum. There is also a garage in a block to the rear which could be let separately at circa £50 per calendar month.

Reception Hallway

With two large store / cloak cupboards and loft access hatch.


Open Plan Lounge / Kitchen / Diner 4.78m x 4.54m

WIth base and wall units, sink, worktops, window to front and patio doors to balcony.


Balcony

With views to front aspect.


Bedroom 3.80m x 2.80m

With built in wardrobe, airing cupboard and window to rear.


Bathroom

With 3 piece suite comprising low flush w.c. wash hand basin and panel bath.


Outside

Garage in Block to rear (Garage Number 5). Communal Gardens. Clothes drying area. Residents Car Parking.


Draft Sales Details

These sales details are awaiting vendor approval.


Leasehold Information

125 years from 1 August 1983. The ground rent is not collected at present as each lessee is an equal shareholder in the freehold interest. The annual Service Charge for this property is currently £840.00. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.


Tenure

Leasehold

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 30th March 2023

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

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

Map

Flat 20 Oliver Court, London Road, Leicester, Leicestershire LE2 2PQ