£80,000

1 bed flat for sale

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Auction
Leasehold

Guide price

£80,000

1 bed flat for sale

Lombardy Rise, Spinney Hills, Leicester LE5

1 bed
1 bath
1 reception
EPC rating: C

Key Information

Tenure:
Leasehold (92 years)
Service charge:
£827 per year
Council tax band:
A
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Green Lane Infant School 0.1 miles
  • Shenton Primary School 0.2 miles
  • Leicester 1 mile
  • Syston 3.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • The Modern Method of Auction, Subject to Reserve Price
  • Buyers Fees Apply, For Sale by Modern Auction – T & c’s apply, 10% Deposit Payable
  • Ground Floor Flat
  • No Upward Chain
  • Lounge
  • Kitchen
  • Bedroom
  • In Need of Modernisation
Modern method of auction.

Offered for sale with No Upward Chain is this one bedroom ground floor flat situated within Spinney Hills. The property offers scope for renovation and modernisation to create a lovely home. The accommodation includes a lounge leading to kitchen, bedroom and a bathroom. Ideal investment opportunity. For more details please contact our office.

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

EPC Rating: C

Location

The property is well located for everyday local amenities and services including local public and private schooling including nursery day-care. Islamic Dawah Academy (ida) located on Berners Street and Markaz Masjid Usman are both within a short distrance of the property, and further everyday amenities can be found along Melbourne Road as well as regular bus routes running to and from Leicester City Centre, Leicester University and hospitals.

Entrance Hall

With storage cupboards, radiator.

Lounge (4.09m x 3.61m)

With double glazed window to the side elevation, gas fire (turned off), radiator.

Kitchen (3.00m x 1.91m)

With double glazed window to the side elevation, wall and base units with work surface over, stainless steel sink and drainer, part tiled walls, tiled floor, storage cupboard housing boiler, radiator.

Bedroom (4.09m x 2.90m)

With double glazed window to the side elevation, fitted wardrobes and overhead units, radiator.

Bathroom (1.80m x 1.78m)

With double glazed window to the side elevation, bath, low-level WC, wash hand basin, part tiled walls, tiled floor, radiator.

Parking - Off Street

Communal parking.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Listed by

Knightsbridge Estate Agents & Valuers Clarendon Park

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  5. Lombardy Rise

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