Auction Date- Thursday 29th February 2024- https://www.sdlauctions.co.uk/property/43103/detached-bungalow-for-auction-coleorton/
A detached bungalow on good size plot with potential for re-development, subject to permissions. The property is located in a highly regarded location within the sought after village of Coleorton, North West Leicestershire. Standing on a good size plot with paddocks to the front and rear. Neighbouring properties have recently been developed and there is scope to either demolish and build a family home or extend the current property to the rear, subject to any required planning permissions.
Lounge 3.7m x 3.5m
With electric radiator, fireplace and window to front aspect.
Kitchen 3.7m x 2.5m
With base units, worktops with inset sink, space for appliances, window to rear and side and door to lean to.
Bedroom 3.7m x 3.65m
With electric radiator and window to front aspect.
Bathroom 3.6m x 2.3m
With modern suite comprising low flush w.c. wash hand basin and double shower cubicle. Heated towel rail and window to rear.
Gravel driveway along with good size gardens to front and rear. Views over paddocks to both front and rear.
Freehold. Vacant possession upon completion.
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.