2 Bedroom, Detached Bungalow, 10 Leicester Road, Shepshed, Leicestershire, LE12 9DQ

Overview

Hammer Price Homes are delighted to present for sale by online auction this 2-bedroom detached bungalow in a sought after residential area in Shepshed, Leicestershire. The auction is open for cash buyers only.

The accommodation briefly comprises: an entrance hallway leading to a generously sized lounge, dining room, kitchen, bathroom and W.C. To the front of the property there are two good sized bedrooms, with the master bedroom benefitting from a separate dressing room and en-suite shower room. The attic has been converted into two hobby/storage rooms.

Externally there is hard standing to the front of the property providing ample off-street parking and a generously sized rear garden.

The property benefits from a recent roof replacement in 2022 including new tiles, timbers, felt, lead flashing, and chimney caps. Further roof works were undertaken earlier this year (2024) to the rear dormers, including improved insulation, cladding and replacement flat roof.

The property presents a good opportunity for those looking for a modernisation project and offers scope for reconfiguration and possible extension, subject to gaining the necessary planning and consents. The property is sold as seen.

Due to the general condition of the property and the vendors require a quick sale (60 day completion), we have therefore opened this auction to cash buyers who are not reliant on mortgage lending.  There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property , for any issues in financing the purchase, or for any concerning information within the searches. The property is sold as seen

Searches have been added to the listing and are available for download from the Hammer Price Homes website. The buyer is required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

This property is located within a popular residential area and is conveniently located close to Shepshed town centre, with access to a wide range of local amenities, shops, leisure facilities, and schools. The property is also within commuting distance to the larger town of Loughborough, offering a wide range of amenities, shops, leisure facilities, along with Loughborough University.  The property benefits from good transport links, with access to junction 23 of the M1.

Special conditions

There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property , for any issues in financing the purchase, or for any concerning information within the searches. The property is sold as seen

Other Information

Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website.

Auction Details

** Open for cash buyers only. 60 days to complete **

Auction ends – Wednesday 10th April 2024 at 2pm (Subject to anti-sniping)

Bidding Window Opens – Monday 8th April 2024 at 10am (Bidding will not be possible until this time).

Starting price – £136,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms).

Fees

All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee – Please note that there is a Reservation Fee (3.6% inc. VAT) is payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

Searches – Searches have been added to the listing and are available for download from the Hammer Price Homes website. The buyer will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers are asked to keep to their appointment time.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.