A city centre, one bedroomed flat. Ideal buy to let

*******FOR SALE BY PUBLIC AUCTION 25TH JULY 2024 AT 2.00PM. REGISTER TO BID****** A self contained one bedroomed first floor flat in the heart of the city. Excellent buy to let investment. Currently vacant but estimated gross income of circa £8000 per annum on an assured shorthold tenancy. Communal hall, entrance hall, lounge with open plan kitchen. Double bedroom and bathroom with full suite. Council tax A. EPC C

Tenure

Leasehold.

Communal stairs and lift to second floor

Entrance hall, Lounge/Kitchen 8.15m x 2.24m, Bedroom 4.42m x 2.26m, Bathroom

Tenure

The property is being sold leasehold with Vacant Possession upon completion. The lease was first granted 1st March 2008 for a period of 125 years. 109 tears unexpired term . Ground rent £150 per annum and current service charge is £986.62. FIXTURES AND FITTINGS - All the items mentioned in these sales details are to be included within the purchase price. SERVICES - None of the services, fitting or appliances (if any) heating installations, plumbing or electrical systems have been tested by the selling agents, neither have the telephone or television points.

Buyers Administration Fee

Buyers will be required to pay an auction administration fee of £1,250 + VAT (£1500.00 inc VAT)

Buyers Premium

Buyers will be required to pay a Buyers Premium of £1,250 + VAT (£1500.00 inc VAT)

Consumer Protection

These sales details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our sales details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the purchaser for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Leicester City Council

Additional Fees

Buyer's Premium - £1500 inc VAT payable on exchange of contracts.

Administration Charge - Purchasers will be required to pay an administration fee of £1200.00 (£1000.00 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.