2 bedroom Terraced House in Loughborough

29 Leopold Street, Loughborough, Leicestershire LE11 5DL
  • Lot No: 78
  • Property Type: Terraced House
  • Contract Type: Unconditional with Variable Fee

Guide Price* £125,000+ plus fees

Property Description

A traditional terraced property situated in a highly popular location within Loughboroughs Golden Triangle. The property is offered let out to long standing tenants at £555 per calendar month. There is scope for significant rental increase. Estimated current rental value is £850 per calendar month/£10,200 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. The property offers two reception rooms, two bedrooms and benefits from gas central heating with recent combi boiler and UPVC double glazing. Well placed within an easy walk of the town centre with a great range of shops, bars, restaurants and parks along with having the University Campus close by.

Ground Floor:

Lounge, dining room and kitchen


First Floor:

Landing, bedroom one, bedroom two and bathroom


Outside:

Garden to rear


Construction Material:

Standard brick (assumed)


Broadband:

Standard - 15 mbps and Superfast - 64 mbps available


Mobile Phone Coverage:

O2, EE, Three and Vodafone available


Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Rent

We have not been provided with evidence of rent increase and cannot therefore confirm the rental figure referred to in our marketing. Please see the tenancy agreement included in the legal pack for comparison. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


Tenure

Freehold


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 auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s 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 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 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.