£110,000 /Sale price

Situated in Lyndwood Court on Stoughton Road in the leafy suburb of Stoneygate, this well-presented two-bedroom maisonette offers spacious accommodation over two floors. Offered for sale via auction. Ideal opportunity for buy-to-let investors or cash buyers, due to the short lease.The first floor comprises a living/dining room with a patio door opening onto a balcony, offering pleasant views over the communal gardens, alongside a fitted kitchen. The second floor features two generously sized bedrooms and a bathroom. The property enjoys convenient access to local schooling, leisure and recreational facilities, and a wide range of shops, bars, and restaurants on nearby Francis Street, Allandale Road, and Queens Road. Leicester city centre and Leicester University are within easy reach, as is Leicester Railway Station, providing mainline rail access to London St Pancras.InformationTenure: LeaseholdLease: 99 Years from 25 March 1979Ground Rent: Ground Rent: £40 per year until 25 March 2045, increasing to £80 per year thereafter until the lease expires.Current Service Charge: £1236 per year, Regis GroupCouncil Tax Band: A Leicester City CouncilEPC Rating: 67 DManaged by Butlins Property ManagementBroadband Speed Available at the Property: Basic 17mb, Superfast (FTTC), 80mbAuctioneer CommentsThis property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Iamsold LimitedThis method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards thepreparation cost of the pack, where it has been provided by iamsold.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.Free Property ValuationThinking of selling? We would be delighted to provide you with a free market appraisal of your property.Contact Focus Property to arrange an appointment: Tel: Or follow the link EPC Rating: D