Glenfield Road

Leicester, LE3

Tenure: Leasehold

Newton Fallowell have the pleasure in marketing this investment opportunity of this impressive 1 bedroom ground floor flat, This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).  (Current rent is £650 pcm)

EPC rating: D. Council tax band: A, Tenure: Leasehold,

Entrance Hallway

Wooden glazed front entrance door opens into the Hallway, Presented with characterful tiled flooring, the entrance hall gives access to the majority of the accommodation. With a central heating radiator and ceiling coving.

Lounge

3.89m not into bay x 3.53m

Enjoying light provided by a walk in bay window to the front elevation, the primary reception space is presented with wood effect flooring and offers a central heating radiator and picture rails.

Bedroom

4.32m max x 3.56m

A double room with french doors to the courtyard, central heating radiator and wood effect flooring.

Kitchen Diner

4.62m x 2.62m

Fitted with a contemporary range of wall mounted and base units with complementary work surfaces over and splashbacks. Features include a built in 'Lamona' oven with four ring hob and extractor hood above, inset sink and drainer unit with mixer tap, space for fridge freezer and washing machine and a wall mounted Worcester Bosch central heating boiler. Affording space for table and chairs, there is two side elevation windows, tiled flooring, central heating radiator and side access door to the courtyard. A door also leads to the:

Bathroom

1.75m x 2.57m

Fitted with a modern three piece suite comprising a bath with shower over and screen, wash hand basin with storage beneath and mixer tap and low level wc, all with complementary tiled surrounds. Featuring an obscure side elevation window, chrome heated towel rail and extractor fan.

Rear Courtyard

Outside there is a low maintenance paved courtyard with brick wall boundaries and outside store.

Lease details

Flat 53 Glenfield – Lease is dated from 1989. No ground rent, flat exempt due to owning the freehold.
As part of purchase ground rent collectable for
Flat 53a & 53b – Both leases are dated 2006. The yearly rent is £100 for the first 21 years. Thereafter to increase with the rate of inflation. equating to £200 per annum.
No service charge, however any maintenance required is shared between the 3 flats.

Notes:

We understand the property to be freehold with vacant possession upon completion. Leicester District - Tax Band A. Please be advised that when a property is sold, local authorities reserve the right to re-calculate the council tax band.

Auction Notes:

Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider

.

if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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Material information
The information above has been provided by the vendor and may not be accurate. Please refer to the property’s Buyer Information Pack. (You can download this on the right hand side of the page) or speak to the Auction Specialist for the most up to date information.