1 bedroom Apartment in Loughborough

Flat 2 Metro House, 34 Biggin Street, Loughborough, Leicestershire LE11 1UA
  • Lot No: 53
  • Property Type: Apartment
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £75,000+ plus fees

Result Sold at Auction £80,000

Property Description

A superb investment opportunity comprising of a modern apartment in a purpose built block situated in the town centre of Loughborough. The property is currently let to two university students at £918.66 per month / £11,023 per annum. The development is part of the landmark Rushes development and therefore has an abundance of shopping, bars and restaurants on its doorstep as well as being well placed for Loughborough University and being a 10 minute walk to the train station. A superb investment opportunity with income from day one, situated in a fantastic location.

Communal Hallway

With secure entry door with intercom and both stairs and lift to upper floors.


Reception Hallway

With electric radiator and intercom system.


Kitchen / Lounge 4.30m x 3.55m

With base and wall units, sink, integrated oven, hob and extractor unit. Roll top work surfaces and spot lighting.


Bedroom One / Lounge 3.64m x 3.50

With electric radiator and French doors to front with Juliet balcony.


Bedroom Two 3.64m x 2.85m

With electric radiator and window to front aspect.


Bathroom

With modern white suite comprising low flush w.c. wash hand basin and panelled bath with shower over. Part tiled walls, heated towel rail and extractor fan.


Leasehold Information

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 27th April 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 2 Metro House, 34 Biggin Street, Loughborough, Leicestershire LE11 1UA