Forest Drive, Sileby, Loughborough, Leicestershire, LE12

Spencers are pleased to present this 3-bedroom semi-detached house which represents a perfect development opportunity as it sits on a large, wide plot perfect for extension and or further building subject to planning.

Occupying a comer plot, this semi-detached house has both a front garden, side garden and expansive rear garden which houses both a driveway and detached single garage.

On the edge of Sileby, Forest Drive offers great access to amenities of the Town and the superb road networks of the A6 and A46 leading to Loughborough, Leicester and beyond.

Upon arrival, the property greets you with a delightful front garden filled with lawn, floral borders and perimeter hedge row. The property is further accentuated by an enclosed rear garden, driveway and large lawn garden.

Stepping inside, the interior of this home the opportunity is evident. The ground floor features a well-appointed living room, offering a welcoming space and added space is provided by a front facing bay window. The separate dining room sits at the rear of the property and a large rear window overlooks the rear garden. The kitchen also sits at the rear of the property alongside the dining room and consists of 3 walls with both floor standing and wall mounted cupboards offering plenty of storage and also houses the rear door, leading to an external W/C, brick built storage shed and coal shed.

Ascending to the first floor, you will find three bedrooms, each bathed in natural light. Bedroom 1 sits at the rear of the first floor and enjoys views over the rear garden. Both bedroom 2 and 3 are located at the front of the first floor and enjoy views overlooking the front garden below.

The external detached garage and large corner plot make this property perfect for development, modernisation and represents an opportunity in waiting.

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.

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. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). Please speak to Spencers for further information.

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 £300.00 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 Arrangements
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.