Guide price
£110,000
2 bed flat for saleWatkin Road, Leicester LE2
2 beds
2 baths
1 reception
EPC Rating: B
- Chain free
- Auction
- Leasehold
Seths Estate Agents
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About this property
Auction property
Allocated Parking
Two Double Bedrooms
Extremely Popular Location
Fantastic Investment Opportunity
En-suite To Master Bedroom
Open Plan Lounge/Diner
Generating £950PCM Rental Income
Tenanted Until June 2023
No Chain
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.
Entrance Hall
L shaped entrance hallway, radiator, storage cupboard housing the water tank, doors off to rooms.
Lounge/Diner (6.63m x 4.04m)
Sliding patio door to the balcony, further UPVC double glazing, radiator, inset ceiling spotlights.
Kitchen (2.97m x 2.39m)
Fitted with a range of wall and base units with worksurfaces and tiled splashbacks, drawer unit, glazed display unit, integrated fridge freezer, built-in double electric oven and gas hob, space for slimline dishwasher, one and a half bowl sink unit with mixer tap over, tiled floor, UPVC double glazed window.
Bedroom (4.34m x 4.44m)
UPVC double glazed window, radiator.
Ensuite (2.06m x 1.7m)
Double walk in shower cubicle with fully tiled walls and shower, pedestal wash hand basin, wc, heated towel rail, inset ceiling spot lights, tiled floor.
Bedroom Two (3.02 x 3.14 (9'10" x 10'3"))
Double walk in shower cubicle with fully tiled walls and shower, pedestal wash hand basin, wc, heated towel rail, inset ceiling spot lights, tiled floor.
Bathroom (2.06m x 1.68m)
Panelled bath with glazed screen and shower over, fully tiled surround, pedestal wash hand basin, WC, inset ceiling spotlights, extractor fan, heated towel rail, tiled floor.
Outside
There is an allocated parking space for the property and an outside balcony accessed via the lounge/diner.
Additional Information
Council Tax Band: D
Tenure: Leasehold
The ground rent is £250 pa and is payable in two six monthly installments of £125 each
The current service charge is £285.14 pcm. Total £3,421pa
Total charges are £3,671
Lease 136 years left
Auctioneer Comments
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.
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More information
Tenure
Leasehold (134 years)
Service charge
£3,230 per year
Council tax band
D
Ground rent
£250
Ground rent date of next review