Leasehold Investment. One bedroom ground floor studio flat having electric heating & car parking. Ideal for rental investor or owner occupier.
The Flat is located off Bennion Road, close to Beaumont Leys Shopping Precinct. Easy access is provided to the A46, M1 and M69.
Communal entrance area leading to flat:
Ground Floor Flat:
Lounge/kitchen/bedroom, shower room with W.C.
Front yard providing car parking.
Leasehold with vacant possession.
The flat is held on a lease for a term of 120 years from the 25th December 1980. We have been informed there is no service charge payable, however the building insurance is £157.00 per annum and ground rent £38.00 per annum (please refer to legal documentation).
£450.00 per calendar month exclusive (£5,400.00 per annum).
The completion date will be on or before six weeks following exchange of contracts.
ENERGY PERFORMANCE CERTIFICATE
EPC Rating E.
17 Wellington Steet, Leicester, LE1 6HU
TEL: 0116 2755054
*GUIDE PRICE & RESERVES
Definition of Guide Prices:
The guide price is an indication of the seller’s current minimum price expectation at auction and the guide price, or range of guide prices, is given to assist prospective purchasers. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period and bidders will be notified of this change on our website and by the auctioneer prior to the lot being offered.
Definition of Reserve Price:
The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.