1 Bedroom Apartment, DeMontfort Court, Stoneygate, Leicester

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £85,000

This property will be legally prepared, enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately, a transparent process which provides speed, security and certainty for all parties.

Situated within De Montfort Court in the popular area of Stoneygate, this ground floor one-bedroom apartment offers compact and practical accommodation, suitable for a range of buyers.

Accessed via the main front door into the kitchen, the property comprises a fitted kitchen with a range of wall and base units, a built-in oven and electric hob with filter hood over, plumbing for a washing machine and tiled flooring. Windows are positioned to the side and rear elevations, allowing natural light into the space.

The living room features two secondary double-glazed windows to the rear and a wall-mounted electric heater.

The double bedroom benefits from a double-glazed window to the front elevation and a wall-mounted electric heater.

The shower room includes a tiled shower cubicle with an electric shower, a wash hand basin, a low-level WC, extractor fan and tiled flooring.

Externally, the development offers well-maintained communal grounds and communal parking for residents.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as & ‘The Auctioneer’

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via the Auctioneer’s website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedures are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time, with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non- refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.