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Avenue Road Extension, Leicester, Leicestershire, LE2

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Three Bedroom Terrace Home
  • No Upward Chain
  • Renovation Project
  • Highly Sought After Residential Area
  • Close to Local Amenities
  • Excellent Access into the City of Leicester
  • Open Plan Lounge and Dining Spaces
  • Kitchen
  • Ground Floor
  • Versatile Third Bedroom

Description

** Open House Event Tuesday 29th September. Please call Spencers on to book your viewing slot ** don't miss out on this fabulous opportunity!!

This property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.

This three bedroom terrace home is offered with no upward chain and needs some considerable care and attention requiring a complete 'back to brick' refurbishment from top to bottom. What is does offer is a huge amount of future potential either to refurbish and rent or to repair and sell in the future having added considerable value.

Situated within the highly desirable area of Clarendon Park the home is very well placed for a variety of local amenities including the popular parade of shops, services and eateries along Queens Road. There are excellent road links into the city of Leicester and is within walking distance of Victoria Park. The home once renovated will have wide ranging appeal and will appeal to first time buyers, professional couples and singles and even those looking to downsize whilst remaining close to local facilities.

The accommodation itself includes a small entrance are with a folding door that opens to a lounge and dining area. These spaces sit open plan to each other with two older gas fires that are set onto two chimney breasts. Between these spaces are a central staircase that rises to the first floor landing. The kitchen also sits open plan with an archway from the dining area.

A buyer will have the opportunity to either keep this area as a large open plan reception room or separate this space into two smaller, cosy and more intimate reception rooms.

Beyond the kitchen is a ground floor bathroom. Both the kitchen and bathroom will require refitting. The kitchen could be made larger by moving the bathroom upstairs and turning the existing space into part of the main kitchen or maybe a separate utility room.

To the first floor the principal bedroom is the largest of the rooms and has a window to the front elevation. It is a generous double spanning the full width of the property. The second bedroom has a cupboard/wardrobe space over the stairs. There is a third room which accommodates the airing cupboard and although could be used as a nursery for a young child is probably too small to be considered a bedroom. The space is versatile and could be used as an office space, for those who work from home. Alternatively, it could be used as a bath or shower room, which as previously mentioned, could result in a purchaser increasing the size of the existing kitchen.

To the rear is a private rear garden that once tidied will be a pleasant space to entertain friends and simply sit and relax in the summer sunshine. The is a brick-built store immediately beyond the ground floor bathroom and a further outbuilding at the back of the garden which could provide valuable storage space.


Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.



COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Avenue Road Extension, Leicester, Leicestershire, LE2

Approximate location

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Affordability

Monthly repayments£695
Property: £ 140,000
Deposit: £ 14,000
Interest rate: 5.24%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Spencers Estate Agency, Wigston

80 Leicester Road, Wigston, Leicestershire, LE18 1DR
Industry affiliations:

Since 1846, Spencers has been a leading name in the Leicestershire, Rutland, and Rugby property markets. With multiple branches and a highly experienced team, we combine local expertise with a seamless, client-focused service. If you're looking for help on your property search, contact us today.

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Disclaimer - Property reference WIG260407. 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 Spencers Estate Agency, Wigston. 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 Spencers Estate Agency, Wigston on 0116 216 2760.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.