Michaels Estates are delighted to present a 4 bedroom house in the popular area of LE3, perfect for investment. This property offers an entrance hall upon entry, with access to the downstairs bedroom, which could also be used as a living area. The downstairs of the property also offers a dining/living area, kitchen, and a shower room. The upstairs of the property offers 3 bedrooms along with a bathroom. The property is located just off Narborough Road with many local amenities within walking distance, with easy access into the city centre.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Entrance hall offers laminate flooring, painted walls, with door leading to the first bedroom/living area and door leading to the dining/living area with access to the staircase to 1st floor.
The downstairs bedroom consists of radiator and plug sockets to wall with UPVC double glazed windows to front, painted walls and carpeted flooring.
Dining area/living area
This room comprises of radiator on wall, laminate flooring, UPVC double glazed windows, painted walls with door leading into kitchen and door leading to hallway.
The kitchen comprises of tiled flooring, radiator and plug sockets on wall, UPVC double glazed window, painted and tiled walls, range of wall and base units, gas hob with oven, hot and cold tap, with door leading to courtyard.
Downstairs shower room
The downstair shower room comprises of a frosted double glazed window, painted and tiled walls, tiled flooring and a hot and cold tap.
This bedroom comprises of carpeted flooring, radiator and plug sockets to wall, painted walls, UPVC double glazed windows with built in wardrobe.
The third bedroom comprises of carpeted flooring, radiator and plug sockets to walls, UPVC double glazed windows, painted walls with built in wardrobe and storage cupboard.
The bathroom consists of a UPVC frosted double glazed window with tiled walls. It also provides a shower over bath with a hot and cold tap.
This room comprises of carpeted flooring, painted walls, plug sockets and radiator on wall with a UPVC double glazed window.