Rutland Street, Leicester, LE1 1SF - Online Auctions

A second floor studio apartment within a convenient location opposite The Curve Theatre and within the Cultural Quarter of Leicester. Ideal as a buy to let investment. Sold with vacant possession. There is an entrance hall with an airing cupboard and bathroom. The spacious principal room has French doors to a Juliet balcony. There is a fitted kitchen with built-in appliances including a washing machine, fridge freezer, dishwasher and oven, hob, and cooker hood. Held on a long lease of 125 years, first granted 1st January 2003, with an unexpired term of 105 years. We understand from the seller that the current ground rent is £125.00 per annum and the service charge is currently £463.44 per 6 months. Leasehold. The property is held on a 125 year lease from 1st January 2003 (thus approximately 105 years unexpired). A 01/01/2003 125 years (104 years unexpired) £125 £926 Residential C VAT is not applicable Buyers will be required to pay a buyer's premium of £1140.00 (£950.00 + VAT) Buyers will be required to pay an auction administration fee of £1,200 inc VAT Please see the legal pack for any disbursements listed that may become payable by the buyer.