2 bedroom Detached house in Loughborough

Vine Cottage, 2 Sarson Street, together with garage on north side, Quorn, Loughborough, Leicestershire LE12 8EA
  • Lot No: 135
  • Property Type: Detached house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £115,000+ plus fees

Result Sold Prior to Auction

Property Description

A detached house in desirable location requiring full upgrading. The property is located on a quiet street in the highly regarded village of Quorn. Close to a good range of local amenities and within a couple of miles of Loughborough. The property requires full upgrading but offers scope to make a wonderful home or buy to let opportunity. Benefitting from drive/garage to the side and potential to extend, subject to planning permission. This property may qualify for stamp duty land tax relief, subject to certain conditions, please see further details below.

Ground floor:

Lounge/diner, kitchen, bathroom


First floor:

Bedroom one and bedroom two


Outside

Drive/Garage and enclosed rear courtyard garden


Land Tax Relief

We believe that this property may be of a type that qualifies for Stamp Duty Land Tax/Land and Buildings Transaction Tax/Land Transaction Tax relief (as applicable). We work with a tax consultancy who can provide expert tax advice in this regard. Free consultations are available. You will only be charged a fee for this service based on any actual tax savings made, on a percentage basis. We in turn will receive a fee from the provider in exchange for referring you. Please contact us if you are interested for further details.


Note:

Please be advised that key information regarding Water supply, Electricity supply, Sewerage arrangements and Heating supply is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.


Broadband:

Standard - 16 mbps. Superfast - 60 mbps. Ultrafast - 1000 mbps.


Mobile phone coverage:

O2, EE, Three, Vodafone


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 29th February 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

Vine Cottage, 2 Sarson Street, together with garage on north side, Quorn, Loughborough, Leicestershire LE12 8EA