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£700pm | £162pw

The Exchange, 5 Lee Street, Leicester LE1

£700pm | £162pw

2 Bedroom Flat To Let

The Exchange, 5 Lee Street, Leicester LE1


Key features

  • Two Double Bedrooms
  • 10% Gross Yield
  • Third Floor Apartment
  • Modern Throughout
  • City Centre Location
  • NO CHAIN
  • Call Today to View!



Property Description
Two bedroom third floor duplex apartment in a fantastic city centre location. The property comprises of entrance hall, large open plan lounge/kitchen with appliances inbuilt, bathroom with shower above bath and two double bedrooms to the first floor. Modern throughout this property offers spacious, light and quality accommodation. This property is currently rented for £775pcm and would offer a fantastic gross yield of 10%! We highly recommend viewing at your earliest convenience to fully appreciate this fantastic buy! Please call our city centre office to arrange your viewing!

Lounge
5.08m x 2.97m (16'8" x 9'9")

Kitchen
3.35m x 2.95m (11' x 9'8")

Bedroom One
3.35m x 2.95m (11' x 9'8")

Bedroom Two
3.35m x 2.95m (11' x 9'8")

Bathroom
2.95m x 2.13m (9'8" x 7')

Auction
Every online bidder must first create an account via the SDL Auctions website, in the online auction section. This is a very quick and simple process.Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and will have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period, the seller is not able to accept other offers.The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

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We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer.By placing a bid, you are authorising the auctioneer to sign the reservation contract on your behalf.Full terms and conditions are available on the SDL Auctions website’

Unconditional Online Auction Procedure
If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

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We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf

Book a viewing

Contact Whitegates Leicester

  • 3 Halford Street
  • Leicester
  • LE1 1JA

Call 0116 3266262

leicester@whitegates.co.uk

Contact us now