House For Sale £75,000
To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 23rd April 2024
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 22nd April 2024
AUCTION ENDS: 13:00 on Tuesday 23rd April 2024
GUIDE PRICE: £75,000 to £95,000
3 bedroom end terraced property with a Regulated Tenancy. Corner plot situated at the junction of Wykeley Road and Lutterworth Road, requiring modernisation. Located in a sought after area and ideal investment opportunity. Former retail premises.
We have been advised by the sellers that there is no tenancy agreement in place and the current rent payable is £1,820 p.a.
NOTE A Regulated Tenancy is a long term agreement, offering the tenants the right to remain in the property for life. Buyers are advised to take further advice.
The Auctioneers have been unable to inspect the property.
ACCOMMODATION (The auctioneers have been unable to verify this information).
The accommodation is understood to be:
GROUND FLOOR
Porch:
Hallway:
Former retail area.
Reception room:
Kitchen:
Lean to:
FIRST FLOOR
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bathroom:
OUTSIDE Front: Garden.
Rear: Garden and garage.
Parking: On street parking.
SERVICES Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING No EPC is available and will be the responsibility of the new owners to obtain one following completion.
COUNCIL TAX BAND - B
TENURE Freehold subject to tenancy.
TENANCY Regulated Tenancy.
There is no tenancy agreement in place.
Rent payable: £35 p.w.
PLANNING Lapsed planning was granted 08/05/2008 for:
"Change of use from former retail shop (use class A1) to residential accommodation (use Class C3)"
Application reference: R/2008/0510
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ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
