Offers over
£90,000
1 bed flat for saleLinkfield Road, Mountsorrel, Loughborough, Leicestershire LE12
1 bed
1 bath
1 reception
EPC Rating: C
- Chain free
- Auction
- Leasehold
Frank Innes - Loughborough Sales
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About this property
1 Bedroom
No Upward Chain
Ground Floor Apartment
Perfect First Time buy/ Investment
Allocated Parking
Popular Location
Council Tax A
Double Glazing
Gas Central Heating
Frank lnnes are delighted to present to the market this ground floor, one bedroomed apartment with gas central heating and UPVC double glazing in this modern development on the Mountsorrel/Rothley border, being of particular interest to the first time buyer or investment buyer alike, with an expected rental figure in the region of £695 pcm.
This ground floor apartment can be accessed by the communal entrance with intercom or private ramped accessible entrance directly from the car park.
The internal accommodation comprises an entrance hall with a door to a superb open plan living space with a well-appointed kitchen area benefitting from a selection of wall and base units, inset sink and drainer, integrated electric oven and hob with extractor hood, space for a fridge freezer and plumbing for a washing machine. The living area offers space for a sofa and a table and chairs with French doors leading to a patio area.
Adjacent to the living area is the spacious bedroom, having a double glazed window to the front and completing the accommodation is a good sized bathroom with a shower over the bath, pedestal wash hand basin and a low flush WC.
Externally there is off road allocated parking for one car alongside additional visitor parking.
We are advised that the property is leasehold with 106 years remaining and there is currently a service charge of £1513.56 per annum to include maintenance of the building, communal areas and buildings insurance.
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 buyer will pay £300.00 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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More information
Tenure
Leasehold (105 years)
Service charge
£1,514 per year
Council tax band
A
Ground rent
£50
Ground rent date of next review
Ground rent review period
Every 50 years