One Bedroom Apartment – Tenants in Situ

Not inspected by Auction House, however it is understood to be a one bedroom apartment situated on the top floor of a purpose built block. The apartment is currently tenanted on a periodic tenancy from 24th August 2023 to 23rd February 2024 currently paying £650pcm (£7,800pa). Photos taken from a previous listing in August 2023. Tenure: Leasehold Title number: LT383238 Length of Lease/Term: 125 years from 1 January 2004 Ground Rent: £150pa Service Charge: £1,341pa Council Tax Band: B Local Authority: Leicester Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold.

MAIN DESCRIPTION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Accommodation

Comprising of an entrance hallway, open plan kitchen/diner/living room, bedroom and a bathroom.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Leicester City Council

Solicitors

DWF (Northern Ireland), 42 Queen Street, Ref: DWF (Northern Ireland), Tel: 0333 320 2220

Offered in association with

Spicerhaart

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Administration Charge - No fee applicable

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.