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2 bed Flat For Sale £100,000
Rutland Street, Leicester LE1


Description
Quote ref: MP0171

Upon entering the apartment you will find a spacious entrance hallway with access to the airing cupboard and in turn the open plan living space. In the living space you will find a large fanlight window providing an element of character to the space while allowing natural light to enter. There are separate areas for both living, dining and a fully fitted kitchen area making the space highly useable and functional while maintaining the character of the building. There are two fantastic sized bedrooms with the master boasting an ensuite and built in wardrobes and a family bathroom completing the internal accommodation.

Externally there is a courtyard as well as a private parking space in a gated car park. The building itself dates back to around 1880 and offers some beautiful stonework including at the entrance where you will find the key code gated entry system.

Quote ref: MP0171

Lease details

Lease - 105 years (31.12.2127)

Ground rent - 250PA

Service charge - £3110PA

We advise all potential purchasers to seek legal confirmation of all the above information before committing to any purchase costs.

Auctioneer Comments

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 Limited

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 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.

Referral Arrangements

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.

Follow the link for more information:
        
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