Guide price
£70,000
1 bed flat for saleMalabar Road, Leicester LE1
1 bed
1 bath
1 reception
- Auction
- Leasehold
William H Brown - Leicester
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
First Floor Flat
One Spacious Bedroom
Fitted Kitchen
City Centre Location
Ideal First Time/Investment Purchase
Summary
A charming one bedroom first floor flat in Leicester city centre, featuring a reception room, kitchen with wall and base units, bathroom and bedroom. Perfect for first-time buyers or investors, with convenient access to local amenities.
Description
This well-presented one bedroom first floor flat on Malabar Road offers a comfortable and convenient living space in the heart of Leicester city centre. Upon entering, you are welcomed into a bright entrance reception room that provides a cosy atmosphere for relaxation or entertaining guests. The kitchen comprises wall and base units, providing ample storage and workspace for meal preparation. It is functional and equipped with essential appliances, making cooking a breeze. The flat features a spacious bedroom, perfect for unwinding and a bathroom that meets all your needs. With its prime city centre location, this property is close to a variety of local amenities, public transport links and parks, making it an ideal choice for first-time buyers or investors looking for a rental opportunity.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall
With security intercom.
Lounge 10' 6" x 10' 5" ( 3.20m x 3.17m )
Window to the rear and radiator.
Kitchen 7' 5" x 6' 9" ( 2.26m x 2.06m )
Fitted kitchen comprising of wall and base units with work surfaces over, sink drainer unit, radiator and space for appliances. Skylight window.
Bedroom 10' 10" x 8' 2" ( 3.30m x 2.49m )
Window to the rear, storage cupboard and radiator.
Bathroom 7' 10" x 4' 8" ( 2.39m x 1.42m )
Skylight window, bath, WC, hand wash basin, storage cupboard and radiator.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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More information
Tenure
Leasehold (116 years)
Service charge
£2,100 per year
Council tax band
A
Ground rent
£10
Ground rent date of next review