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This property is for sale by Modern Method of Auction powered by iamsold LTD Starting Bid £130,000 Reservation Fee. Presenting this two bedroom end of terrace property, located on Beatrice Road in the highly sought after area of Newfoundpool, Leicester. This home offers an excellent opportunity for investors, with a tenant in situ, or for those looking to put their own stamp on a property in a convenient location.

Situated within walking distance of a range of local amenities, the property benefits from its central and popular location. Upon entering, you are greeted by an entrance hall, leading to a generously sized lounge on the left. Adjacent to the lounge is the dining room, offering another spacious and versatile reception area. The dining room leads through to the kitchen, providing ample space for meal preparation.

Upstairs, the property features two double bedrooms, both offering plenty of space and natural light. The bathroom is also located on the upper floor and includes both a bathtub and a separate shower cubicle. The property s boiler was replaced in 2022, ensuring efficient heating and peace of mind for the new owner.

This 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 Limited This 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 the preparation 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 Arrangement

The 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.