FOR SALE BY TRADITIONAL METHOD OF AUCTION

Hampsons Estate Agents are delighted to present this fantastic opportunity to acquire this spacious two bedroomed first floor apartment in this most convenient of locations in the heart of the city of Leicester with an amazing open plan living kitchen and a stunning full width balcony overlooking the River Soar. Finished to a high specification throughout making it ideal for buy to let investors or owner occupiers alike, an early inspection is advised. 

The internal accommodation is laid to hard flooring throughout and features a welcoming entrance hall with a feature curved wall and doors leading off to a superb open plan living kitchen with full height window and door leading out to the balcony and with the kitchen area being superbly fitted with a range of wall and base units, granite effect work surface and integrated appliances. Further doors lead to the master bedroom which again has full height windows and door leading to the balcony, there is a second generous bedroom and a well appointed bathroom with four piece suite of shower, sink, bath and WC.

Externally there is a secure car parking space in the undercroft.

We are advised that the property is available to cash buyers only due to the existence of cladding on the building.

We are informed by the vendor that the property is leasehold with a 199 year lease granted in 2003 and the most recent charges are as follows:

Ground Rent for 25/03/23 - 24/12/23 is £155.53
Buildings Insurance from 30/01/23 to 29/01/24 is £2199.89
Service charge from 01/04/23 to 30/09/23 is £947.11

Auctioneers Comments:
This property is for sale by the Traditional Method of Auction, meaning the buyer and seller are to Complete within 28 days (the "Reservation Period") and exchange contracts immediately. Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT plus 10% deposit . This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.