GENERAL INFORMATION For sale on 25 April 2024
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.
The auction will commence at 09:00.
On behalf of Martin And Co Coalville

A one bedroom first floor apartment situated in the town centre.

Well placed for an abundance of amenities including shops, bars and restaurants.

The property benefits from UPVC double glazing, electric heating and parking.

An ideal potential buy to let investment with estimated rental value of £550 per calendar month/£6,600 per annum.

Communal Hallway With secure entry door with intercom and stairs rising to first floor.
Reception Hallway With window to rear, intercom and electric radiator.
Lounge 4.50m x 3.35m With electric radiator, TV point and window to front.
Kitchen 3.80m x 1.98m max With modern base and wall units, sink, worktops, integrated oven, hob and extractor. Electric radiator and window to side aspect.
Bedroom 3.42m x 3.27m With electric radiator and window to front aspect.
Bathroom Having a white three piece suite comprising low flush w.c. wash hand basin and panel bath with electric shower over. Part tiled walls, heated towel rail an d window to rear.
Outside Gated parking with access of Owen Street and bin store area.
Construction material: Standard brick.
Water supply: Mains
Electricity supply: Electric.
Sewerage arrangements: Mains
Broadband: O2, EE, Three, Vodafone available.
Mobile phone coverage: Standard - 16 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available.
Leasehold Information Lease End Date- 25/12/2101. Lease Term- 99 Years From 25 December 2002. Lease Term Remaining- 77 years. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Leasehold

EPC Rating: C

Terms:
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 Variable Fee (England and Wales).

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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers 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 Price:

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.