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127, 127a & 127b Church Lane, Ravenstone, Coalville, Leicestershire LE67 2AF

Guide Price
£185,000
SDL Property Auctions, Nationwide
PROPERTY TYPE

Mixed Use

BEDROOMS

3

SIZE

Ask agent

Key features

  • Ideal Investement Opportunity
  • Three Bedroom Terrace
  • Shop Front/Office used for Customer Reception
  • Workshop to Rear
  • EPC Rating: D
  • House Currently Tenanted at £500pcm

Description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Newton Fallowell

Mixed Commercial/ Residential Property

**INVESTMENT/MIXED COMMERCIAL/RESIDENTIAL PROPERTY**

Comprising: Three Bedroom Terrace House let out at £500 per month. Garage/Workshop premises currently used by vendor as business premises since 2004. Shop Front/Office used by current vendor as customer reception/office for business.

Ideal for someone to run own Garage Service Business and Residential Premises or Investment for rent returns.

Potential Rent Returns
House: £6,000 pa
Shop: £4,000 pa
Garage/Workshop: £8,400 pa
Total: £18,4000 pa


Kitchen 7'10" x 11'11" (2.41m x 3.64m)

Fitted with a range of wall and base units, complementary worktops, part tiled walls, sink and drainer unit with mixer tap, plumbing for
washing machine, central heating radiator and boiler, built‐in double oven and hob with extractor hood over, integrated ridge/freezer, upvc double glazed window and door to the side elevation.


Bathroom 7'5" x 7'5" (2.28m x 2.27m)

Panelled bath with shower attachment, pedestal wash hand
basin, low level w.c., part tiled walls, central heating radiator
and double glazed window to the rear elevation.


Living Room 12'8" x 11'10" (3.88m x 3.63m)

Double glazed window to the rear elevation, central heating
radiator and door to staircase.


First Floor Landing

Stairs to loft


Bedroom One 12'10" x 8'11" (3.92m x 2.72m)

Double glazed window to the front elevation and central
heating radiator.


Bedroom Two 12'6" x 12'7" (3.83m x 3.86m)

Double glazed window to the rear elevation and central
heating radiator.


Bedroom Three 7'11" x 13'10" (2.42m x 4.22m)

Upvc double glazed window to the front elevation and central
heating radiator


Loft Room 11'3" max x 14'7" (3.45m x 4.47m)

Skylight window to the rear elevation and access to:


Room (potential en-suite)

Would be ideal as an en‐suite (not fitted)


Office/Shop

Upvc door and single glazed window to the front elevation


Outside

Two car parking spaces


Garage/Workshop

Used by current vendor for his Auto Garage Service business
since 2004. Having lock‐up garage with power and lights, toilet
and water facility available from outside w.c. Vehicle access
and additional parking to rear of house.


Front Space 21'10" x 14'1" (6.66m x 4.30m)


Rear Space 48'11" x 16'3" (14.92m x 4.96m)


Tenure
See Legal Pack

Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.


Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions


Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.


Conditional Online Auction Procedure

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and have 56 days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 56 day reservation period, the seller is not able to accept other offers.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT or 4.2% Inc VAT in London, subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions

127, 127a & 127b Church Lane, Ravenstone, Coalville, Leicestershire LE67 2AF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Loughborough Station9.3 miles

About the agent

SDL Property Auctions, Nationwide

17 Regan Way Toton Nottingham NG9 6RZ

SDL Property Auctions, Nationwide

At SDL Property Auctions, our award-winning team, sells a wide range of residential and commercial properties across the length and breadth of the UK, for both private individuals and corporate clients. Our lots range from investment properties, vacant houses, building plots, commercial and mixed-use buildings and more.

With a commitment to speed, simplicity and certainty, SDL Property Auctions offers customers the fastest, simplest and safest way to buy or sell residential and commerci

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference gp_partners_1442512_10364. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SDL Property Auctions, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Property Auctions, Nationwide on 08000 465454.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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