House For Sale Coatbridge Avenue, Leicester, LE4

£69,000

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 24th April 2024

Description

*For Sale by Auction on 22nd May 2024 commencing at 05:00 PM*\r
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Please note this Auction will be steamed live via our website with Remote Bidding by Proxy, Telephone or Internet Only.\r
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Leasehold. One bedroom ground floor studio flat having electric heating & double glazing, within a popular residential location. Ideal investment opportunity.\r
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Location\r
The property is located close to the (A563) Troon Way, which provides easy access to the main motorway networks. All amenities and schools are located nearby.\r
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Accommodation\r
Ground Floor Flat:\r
Entrance hall, lounge, kitchen, bedroom, bathroom.\r
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Outside:\r
Communal garden. \r
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Tenure\r
Leasehold with vacant possession.\r
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The flat is held on a lease for a term of 125 years from 23rd February 2009. The service charge is approximately £300.00 per annum and ground rent to be confirmed (please refer to legal documentation).\r
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Rent Achievable\r
£650.00 per calendar month exclusive (£7,800.00 per annum).\r
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Note\r
Purchasers are to be made aware that an additional charge of £950.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property.\r
The completion date will be on or before eight weeks following exchange of contracts.\r
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Energy Performance Certificate\r
EPC Rating D.\r
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Solicitors\r
Chetty & Patel Solicitors, 133 Loughborough Road, Leicester, LE4 5LQ. TEL: (REF: U.Patel) Email: \r
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*Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions*\r
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NOTE: Properties can be purchased prior to Auction
Agent Details
Shonki Brothers
95, Narborough Road, Leicester, LE3 0PA
Show Contact Number
0116 255 7573

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested