Guide price
£100,000
2 bed flat for saleRavensthorpe Drive, Loughborough, Leicestershire LE11
2 beds
1 bath
1 reception
EPC Rating: D
- Chain free
- Auction
- Leasehold
Frank Innes - Loughborough Sales
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About this property
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction
First floor flat
Two bedrooms
Fantastic rental opporutnity
Communal gardens and parking
No upward chain
170 years lease remaining
Ideal first time buy or buy to let investment opportunity currently generating annual gross income of £8400pa, offering two double bedrooms, spacious living room, three peice bathroom suite in white, communal gardens and communal off street parking, being sold by modern method of auction. This first floor flat is currently tenanted but is being sold with vacant possession and benefits from an extended 170 year lease, competitive service charges, electric heating and double glazing. There is a hallway, spacious living room, kitchen, bathroom with a three piece suite in white and two double bedrooms, perfect for the buy to let audience. Outside there is communal gardens and communal off street parking. Viewing is essential.
Ravensthorpe Drive is conveniently located close by a host of local amenities some of which include shops, supermarkets, Loughborough University, major road links including the A6 and junction 23 of the M1 and easy access into Loughborough town centre.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review