2 bed flat for sale

Fosse Road North, Leicester LE3

Summary

Being Sold via Secure Sale online bidding. Terms & Conditions apply.

Pattinson Auction in connection with Hampsons Estate Agents are delighted to present to the market this spacious two bedroomed apartment in an extremely convenient location close to local shops, regular bus services and amenity spaces. The apartment will be ideal for first time buyers and buy to let investors (800PCM-825PCM estimated) and an early inspection is advised.

The accommodation comprises in brief; a communal entrance hall and staircase rising to the apartment. The front door leads into an entrance hall with storage/airing cupboard off and doors off to a large open plan living/kitchen area with feature windows to front and side elevations. The kitchen area is fitted with a range of wall and base units with complementary worksurface and integrated electric oven and hob. There are two good sized bedrooms and a bathroom comprising a panelled bath with shower over, low flush WC and a pedestal wash hand basin. The property benefits from electric storage heaters.

We understand that the property is connected to mains electricity, water and drainage to the public sewer. Broadband internet and mobile telephone coverage can be found on the Ofcom website via their postcode checker.

Information for potential landlords: The property is within the Leicester City Council Selective Licencing area and more information can be found on their website.

The property is leasehold and there is a 125 year lease in place from 1st January 2004 (104 years remaining as of 2025). We are advised by the vendors that yearly service charge is approximately 1,400. The ground rent is presently 195 per annum.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 104
Annual Ground Rent Amount: 195.00
Annual Service Charge Amount: 1,400.00

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.