Studio for sale

Tudor Road, Leicester LE3

Summary

** auction ** - Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid 30,000.

Pattinson Auction are delighted to offer for sale this modern student flat in Tudor Studios on the popular Tudor Road, Leicester, convenient for access to Leicester City Centre. Tudor Studios offer a range of student rooms with En-suite's and a range of on-site facilities for students including a common room, gym facilities and a dance studio. The flat also benefits from use of a communal kitchen, laundry room and landscaped courtyard for those spring and autumnal evenings. Offering the perfect location for students at either of Leicester's two universities - University of Leicester and De Montfort University.

Tenure Details

Student Accommodation. Leasehold. 241 yrs remaining on the lease, The service charge for 2024 is 2259.25 per year. The ground rent is 566.80 per year. Please note the ground rent is payable to the freeholder but payments are made on the leaseholder's behalf.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 241
Annual Ground Rent Amount: 566.00
Annual Service Charge Amount: 2,259.00

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.