Download Report

Auction
L.S.Sangra
wednesday 15th October 2014 5:00pm
Leicester City football Club,
gaRy LINEKER SuITE,
The King Power Stadium,
filbert Way, Leicester LE2 7fL
17 SELECT PROPERTIES
www.shonkibros.com
Order of Sale
Lot 1
30 Hillsborough Close
Glen Parva, Leicester, LE2 9QQ
Lot 4
10 Roecliffe Close,
Markfield,
Leicestershire, LE67 9SL
Lot 7
Flat 4, Orchard House,
Orchard Street,
Leicester, LE1 3UG
Lot 2
9 Ruding Road,
Off Narborough Road,
Leicester, LE3 0BN
Lot 5
10 Herschell Street,
Near London Road,
Leicester, LE2 1LD
Lot 8
106 Dunton Street,
Woodgate,
Leicester, LE3 5EN
Lot 3
Flat 120, The Atrium,
Morledge Street,
Leicester, LE1 1ST
Lot 6
317 Aylestone Road,
Aylestone,
Leicester, LE2 7QL
Lot 9
304 Pendlebury Drive,
West Knighton,
Leicester, LE2 6HY
www.shonkibros.com
WEDNESDAY, 15TH OCTOBER 2014, 5:00PM
Lot 10
36 Wilmington Road,
Near Narborough Road,
Leicester, LE3 1AT
Lot 13
3b Church Lane,
Anstey,
Leicester, LE7 7AF
Lot 16
1 Red Hill Lane,
Thurmaston,
Leicester, LE4 8FT
Lot 11
58 Norman Street,
Off Narborough Road,
Leicester, LE3 0BB
Lot 14
5b Church Lane,
Anstey,
Leicester, LE7 7AF
Lot 12
3b & 5b Church Lane,
Anstey,
Leicester, LE7 7AF
Lot 15
7 Aylestone Drive,
Aylestone,
Leicester, LE2 8QE
Lot 17
63 Wolverton Road,
Off Narborough Road,
Leicester, LE3 2AJ
www.shonkibros.com
Auction Information
Buying at Auctions - Do’s and Don’ts
5. The vendor has the right to sell before Auction, or withdraw the Lot, and neither
DO...
damages of a prospective purchaser. Information as to presale or withdrawal of a Lot
Do go through the catalogue carefully.
valid only at the time of the enquiry.
Do go and view any properties in which you are interested.
6. Prospective purchasers are strongly advised to check these particulars as to
Do take legal advice.
Do bring means of identification to the Auction.
Do read the important notice to bidders.
the Auctioneer nor the vendor is responsible for any abortive costs, losses or
can be obtained by enquiry to the Auctioneers at any time prior to the auction but is
measurements, areas and all other matters to which the properties are expressed to
be subject to or have the benefit of and in respect of any contents, fixtures or fittings
expressed to be included in the sale by making inspection of the property and all
the necessary enquiries with SHONKI BROS LEICESTER LTD, the vendor, the vendor’s
professional advisors and all other appropriate authorities. All measurements and
Do allow time to arrange a survey, if required.
areas referred to in these particulars are approximate only.
Do arrange to have a deposit before the day of the Auction and the balance of
7. All location plans published in the particulars of sale are to enable prospective
purchase monies with time set for completion in the contract.
purchasers to locate the property only. The plans are reproduced and therefore
Don’t...
not to scale and are not intended to depict the interest to be sold but are for
Don’t panic, our Auctioneers understand the pressures.
of the precise interest to be conveyed.
Don’t be late; watching other lots being sold helps to follow the procedure.
8. Any guide prices issued, or any estimates or values mentioned in negotiations
Don’t lose track, some lots go quickly, you could miss out.
Don’t assume that all lots are available, check with us.
Don’t forget the insurance risk changes as the hammer falls.
identification only. Purchasers are advised to view the special conditions in respect
or discussions, cannot be relied upon by prospective purchasers as representing
professional valuations for any purpose in accordance with the requirements or
guidance notes of relevant professional bodies, or other authorities. In all respects
prospective purchasers are deemed to have relied upon their own professional
advisors.
Important Notice to Bidders
9. GUIDE PRICE: All Guide Prices are an indication of the seller’s current minimum
1. The attention of prospective purchasers is drawn to the General and Special
or downwards of where the reserve may be set at the time of going to print,
Conditions of Sale which are available at the Auction.
subject to the seller’s final instructions. A guide price is different to a reserve
2. Prospective purchasers shall be deemed to have inspected the relevant
properties and made all the usual and necessary searches and enquiries, with
all the relevant authorities and other bodies.
3. As the Auctioneer’s gavel falls on a bid, a successful bidder is under a binding
contract to purchase the relevant property. The purchaser is immediately at risk
in relation to the property and shall therefore, be deemed to have made prior
arrangement for any insurance cover required.
4. When the property is knocked down, the successful bidder must
immediately present to the Auctioneer’s clerk his name and address and if
appropriately, the name and address of the person or company on whose
behalf he has been bidding. This information will be used to complete
acceptable price at auction. These Guide Prices are generally within 10% upwards
price (see separate definition). Both the guide price and the reserve price can be
subject to change up to and including the day of the auction.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage
that a buyer may incur as a result of relying on any guide price. It is the buyer’s
responsibility to decide how much they should bid for any lot. Please check with
us for regular updates as guide prices are subject to change prior to the auction.
RESERVE PRICE: the seller’s minimum acceptable price at auction and the figure
below which the auctioneer cannot sell. The reserve price is not disclosed and
remains confidential between the seller and the auctioneer. Both the guide price
and the reserve price can be subject to change up to and including the day
of the auction.
a Memorandum of the contract in the form of the one at the back of
10. Inspection of investment properties by courtesy of the tenants. Inspection
this catalogue which the successful bidder must sign and exchange with
of properties with vacant possession only by arrangement with the Auctioneer.
the Auctioneer’s staff prior to leaving the Auction room and at the same
Interested parties must phone or call SHONKI BROS LEICESTER LTD. To discuss
time present the Auctioneer with a deposit of 10% of the purchase price
viewing arrangements, prior to making the journey.
(minimum deposit of £2000). Buyer’s fee of £450.00 (inc. VAT). £12.00
special clearance on the cheque. Upon exchange of contracts. In default
of the any of the above the Auctioneer shall be entitled, as agent for
11. All residential lettings are now regulated tenancies under the Rent Act 1977, the
Housing Act 1980 and the Housing Act 1988.
the vendor, to treat the failure or default as repudiation and rescind the
12. The Auctioneer and SHONKI BROS LEICESTER LTD, shall be under no financial
contract. Thereafter the Auctioneer shall be entitled to re-submit the
liability in respect of any matters arising out of the auction or the particulars
property for sale. If a successful bidder does not pay a deposit and/or
contained in the auction catalogue or in the special conditions or any add
complete the memorandum the vendor reserves the right to claim any loss
addendum no claims shall be made against the auctioneers or SHONKI BROS
he incurs as a result.
LEICESTER LTD, in respect of any loss, damage or claims suffered by or made against
the buyer by reason of the buyer entering into the contract to purchase or acquire
any other property.
recommendations
NEVER be afraid to ask the staff at the Auction about anything of
which you have doubts. Always ensure your bid is clearly seen by the
Auctioneer by using your catalogue or hand.
mISrePreSentAtIOn ACt 1967
SHONKI BROS LEICESTER LTD for themselves and for the vendors of
the properties whose agents they are give notice that:
1. These particulars do not constitute any part of an offer or contract.
2. All statements contained in these particulars as to the properties
are made without responsibility on the part of SHONKI BROS
LEICESTER LTD or the vendors.
Buyer’S Fee: The successful purchaser will be required to
pay the Auctioneers a buyer’s fee of £450.00 (inc.VAT) upon
exchange of contracts whether the property is bought prior to
auction, on the auction day or post auction.
ImPOrtAnt nOtICe: All purchasers will be required to
produce proof of identity, as well as their 10% deposit. Two
forms of identification required.
(for further information, please see back of brochure).
no cash deposits or credit/debit cards
www.shonkibros.com
3. None of the statements contained in these particulars as to the
properties are to be relied on as statement of representation of fact.
4. Any intending purchaser must satisfy himself by inspection or
otherwise as to the correctness of each of the statements contained
in these particulars.
5. The vendors do not make or give SHONKI BROS LEICESTER LTD
nor any persons in their employment as any authority to make or
give any representation of warranty whatsoever in relation to the
properties.
tHe PrOPertIeS
mISrePreSentAtIOnS ACt 1991
All the sales particulars have been written to conform to the
property misrepresentations Act 1991. Whilst we endeavour to make
our sales particulars accurate and reliable, if there is any point which
is of particular importance to you, please contact the office and we
will be pleased to check the information for you.
mISDeSCrIPtIOn
The auctioneers provide no guarantees for the working conditions
of any appliances, electrical fitments, sanitary fitments, drains, pipe
work or any other service relating to the property. None of these
services have been tested by the Auctioneers and it is therefore
important that the potential purchaser undertake their own
investigations.
Any plans and photographs are not to scale and are for identification
purpose only. It is important that any prospective purchaser should
consult the available legal documentation and seek legal advice
and view the property to satisfy themselves as to the location,
boundaries, conditions and state of the property before Auction.
DESIGN
PHOTOGRAPHY
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LOt
1
30 HILLSBOrOugH CLOSe
gLen PArvA, LeICeSter, Le2 9QQ
DESCRIPTION
Leasehold. One bedroom first floor flat having gas
central heating and double glazing. Could be an
ideal investment opportunity, first time buy or to
owner occupy.
LOCaTION
The flat is located off the main A426 Leicester Road,
Glen Parva close to all amenities & schools for all
grades.
aCCOmmODaTION
Communal entrance area.
Flat:
Private entrance hall, lounge, fitted kitchen, bedroom,
bathroom and store cupboard.
Outside:
Communal gardens, car park.
TENuRE
Leasehold with vacant possession.
RENT aChIEvabLE
£400.00 per calendar month exclusive
(£4,800 per annum) (10% net initial yield).
NOTE
• The flat is held on a lease for 125 years from
7th January 1991 at a Ground Rent of £10.00
per annum.
• The completion date will be on or before eight weeks
following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating C
SOLICITORS
Philip J Hammond Solicitors, 47 Friar Lane,
Leicester, LE1 5QX
Tel: 0116 251 7171 (Ref: R.S)
Email: rosemariesculthorpe@pjhammond.com
Price Guide: £48,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
2
9 ruDIng rOAD,
OFF nArBOrOugH rOAD, LeICeSter, Le3 0Bn
DESCRIPTION
Freehold. Two bedroom mid terrace property
located within easy walking distance of Leicester
De Montfort University & Leicester City Centre. The
property is double glazed & gas central heated.
LOCaTION
The property is located off the main A5460
Narborough Road. The property is located within easy
walking distance of Leicester City Centre, Leicester
De Montfort University & Leicester Royal Infirmary.
aCCOmmODaTION
ground Floor:
Spacious lounge, fully fitted kitchen.
First Floor:
Landing, two bedrooms, bathroom.
Outside:
Rear yard.
TENuRE
Freehold with vacant possession.
RENT aChIEvabLE
£550.00 per calendar month exclusive
(£6,600 per annum exclusive).
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating e
SOLICITORS
Sarginsons Law LLP Solicitors, 10 The Quadrant,
Coventry, CV1 2EL
Tel: 02476 553181 (Ref: S.B)
Email: sbooth@s-law.co.uk
Price Guide: £90,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
3
FLAt 120, tHe AtrIum
mOrLeDge Street, LeICeSter, Le1 1St
DESCRIPTION
Leasehold. First floor apartment situated in
Leicester City Centre close to Leicester Railway
Station & Leicester University. Ideal buy to let
investment or first time buy.
LOCaTION
The apartment is best approached leaving the City
Centre via A594 St Georges Way continuing to the
main roundabout with St Georges Retail Park. At the
roundabout take the first exit into Humberstone Gate
and second left into Morledge Street. The apartment
is located within the block on the first floor with direct
entrance from Morledge Street.
aCCOmmODaTION
Communal entrance area with staircase leading to
upper floors:
Entrance door leading to entrance hall, open plan
kitchen/diner & lounge, bedroom & bathroom.
RENT aChIEvabLE
The apartment could achieve a rental of
approximately £450.00 per calendar month exclusive
(£5,400 per annum) (9% Yield).
TENuRE
Leasehold with vacant possession upon completion.
The apartment is held on a lease for a term of 125
years from the 1st April 2014. There is a service charge
payable of £1,350 per annum and a ground rent of
£150 per annum.
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
• The service charges and ground rent have been paid
by the vendor until January 2015.
SOLICITORS
Thankey Mahet Legal, 87 London Road,
Leicester, LE2 0PF
Tel: 0116 247 0022 (Ref: R.T)
Email: roney@thankeymahet.co.uk
Price Guide: £55,000 – £65,000
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
4
10 rOeCLIFFe CLOSe
mArkFIeLD, LeICeSterSHIre, Le67 9SL
DESCRIPTION
Freehold. Four bedroom extended semi detached
property which is situated with a desirable
residential location. The property is fully gas central
heated and double glazed.
LOCaTION
Proceed out of Leicester via the main A50 Groby
Road continuing for approximately 5 miles. Continue
through Groby until reaching the mini-roundabout
with the coach & horses public house. At the
roundabout turn left into Leicester Road and left into
Chitterman. Follow the road round and turn left onto
Linford Crescent then left into Roecliffe Close.
aCCOmmODaTION
ground Floor:
Entrance hall, inner hall, cloakroom, lounge, kitchen/
diner, dining room, utility room, study/bedroom 4.
First Floor:
Landing, three bedrooms, bathroom.
Outside:
Front garden having driveway, rear garden being
mainly lawned, integral garage.
TENuRE
Freehold with vacant possession upon completion.
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating D
SOLICITORS
Equitas Law, 17 Wellington Street, Leicester, LE1 6HU
Tel: 0116 2755054 (Ref: Z.P)
Email: zaida@equitaslaw.com
Price Guide: £145,000 - £155,000
(PrevIOuSLy mArketeD At £169,950)
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
ProPerties sold at auction by
www.shonkibros.com
sold
sold
sold
sold
sold
sold
sold
sold
sold
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We acHieVed an aVeraGe success
rate oF 90% in our last auction
NEXT AUCTION
www.shonkibros.com
Wednesday10th december 2014
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of £350.00 (inc.VAT) upon exchange of contracts
whether the property is bought prior to auction, on the auction day or post auction.
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as their 10% deposit. Two forms of identification required.
(for further information, please see back of brochure). No cash deposits or credit/debit cards
Closing date for entries Friday 7th november 2014.
LOt
LOt
5
10 HerSCHeLL Street
neAr LOnDOn rOAD, LeICeSter, Le2 1LD
DESCRIPTION
Freehold. Two bedroom mid terrace property
located within easy walking distance of Leicester
University & Leicester City Centre. The property is
double glazed & gas central heated.
LOCaTION
The property is best approached by leaving the City
Centre via the main A6 London Road continuing to
the roundabout adjacent to Victoria Park turn left into
Mayfield Road. Take the second right hand turning
into Herschell Street.
aCCOmmODaTION
ground Floor:
Entrance hall, front reception room,
living room, kitchen.
First Floor:
Landing, two bedrooms, bathroom, utility cupboard.
Outside:
Enclosed rear garden.
RENT aChIEvabLE
The property is ideal to let to three students and could
produce a rental of approximately £9,500 per annum
exclusive.
TENuRE
Freehold with vacant possession.
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
EPC Rating E
SOLICITORS
Sarginsons Law LLP Solicitors,
10 The Quadrant, Coventry, CV1 2EL
Tel: 02476 553181 (Ref: S.B)
Email: sbooth@s-law.co.uk
Price Guide: £115,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
SPECIALIST
MORTGAGE ADVICE
To discuss your Mortgage options
& Buildings Insurance contact:
Mr Bippa Bal, Financial Adviser
Telephone:
01926 332231
or 07989 380423
Email:
bippa@leamfinancialservices.co.uk
Leam Financial Services
1a Cross Road
Leamington Spa
Warwickshire, CV32 5PB
RESIDENTIAL MORTGAGES:
Whether you’re buying your first home, remortgaging, or purchasing an investment property, there are lots of
processes to go through, issues to tackle and important decisions to make. The mortgage market may appear
daunting. How do you choose the right deal? Which lenders should you talk to? And what on earth is a Standard
Variable Rate?! As a member of Openwork, I have access to a panel of lenders representative of the whole
market. That means I can source a vast range of mortgages from a host of lenders including Halifax, Woolwich,
Abbey, Nationwide and many more. Some of the deals I have access to are on an exclusive basis, and aren’t
available anywhere else. Most importantly, we’ll support you throughout the purchase process. That way, you can
be sure someone is there to guide you every step of the way.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS
ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
MY FEE FOR ARRANGING A MORTGAGE IS A MAXIMUM OF 1% OF THE LOAN AMOUNT. TYPICALLY THIS WILL BE £300.
BUY TO LET:
Whether you’re an experienced landlord or just starting out, we have access to all the major lenders in the Buy to
Let market including those specialising in lending to professional landlords.
SECOND CHARGE LOANS:
Second charge loans can be secured against residential or Buy to Let properties.
BRIDGING FINANCE:
Loans are generally short term and secured on the existing property, these can be done within 14 to 28 days.
COMMERCIAL FINANCE:
Loans are available on various commercial and development projects.
BUILDINGS INSURANCE:
We have access to specialist Landlords’ buildings and contents policies.
LOt
6
317 AyLeStOne rOAD
AyLeStOne, LeICeSter, Le2 7QL
DESCRIPTION
Freehold. Ground floor retail premises with living
accommodation, situated within a parade of
retail units. The property is ideal for conversion
into ground floor retail with separate living
accommodation above. Excellent investment
opportunity.
LOCaTION
The property is located on the western side of the
A426 Aylestone Road in between Rutland Avenue &
Batten Street, approximately 1 mile from Leicester
City Centre. The property is within a parade of
retail units.
aCCOmmODaTION
The property comprises of a mid terrace commercial
premises having a ground floor retail unit with
kitchen to the rear. The first floor includes two
bedrooms and a bathroom. There is also storage
space in the form of a cellar provided.
Ground Floor
Ground Floor
Accommodation
Sales Area
Storage
Sq Ft Sq M
414 38.46
125 11.65
Ground Floor
Kitchen
117
10.94
656
60.94
Total G/F Net Internal Area (approx)
First Floor:
Landing, two bedrooms, bathroom
TENuRE
Freehold with vacant possession.
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
RENT aChIEvabLE
Should the property be split into a self contained retail unit at ground
floor with a self contained flat on the first floor the auctioneers feel that
the rent achievable would be:
Ground Floor
First Floor
Area
Retail Area
Self-contained flat
SOLICITORS
Josiah Hincks, 1255 Melton Road, Syston, Leicester,
LE7 2JT,
Tel: 0116 3440210 (Ref: G.H)
Per Annum (£)
£5,000
£5,100
Estimated Total Rental Income (after refurbishment) £10,100
Price Guide: £85,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
7
FLAt 4, OrCHArD HOuSe
140 BeLgrAve gAte, LeICeSter, Le1 3XL
DESCRIPTION
Leasehold. First floor apartment situated in the
heart of Leicester City Centre. Ideal for owner
occupiers, first time buyers or rental investors.
LOCaTION
The property is located on the corner of Belgrave
Gate and Orchard Street in Leicester City Centre.
The property is within walking distance of Highcross
Shopping Centre, Leicester Bus Station & Leicester
Railway Station.
aCCOmmODaTION
Communal hallway, stairs leading to first floor flat:
Entrance door, hallway, open plan lounge/dining area
& fully fitted kitchen, bedroom and bathroom.
Outside:
Car parking provided opposite the apartment.
RENT aChIEvabLE
The property could achieve a rental of approximately
£450.00 per calendar month (£5,400 per annum)
(9% Yield).
TENuRE
Leasehold with vacant possession upon completion.
The flat is held on a lease for a term of 125 years
from 16th November 2001 at a peppercorn rent
if requested. The service charge is approximately
£305.00 every six months.
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
SOLICITORS
Philip J Hammond Solicitors, 47 Friar Lane,
Leicester, LE1 5QX
Tel: 0116 251 7171 (Ref: R.S)
Email: rosemariesculthorpe@pjhammond.com
Price Guide: £55,000 - £65,000
(PrevIOuSLy mArketeD At £80,000)
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
8
106 DuntOn Street
wOODgAte, LeICeSter, Le3 5en
DESCRIPTION
Freehold. Two bedroom mid terrace property
having double glazing & recently installed gas
central heating. Ideal for owner occupier, rental
investor or first time buyer.
LOCaTION
The property can be approached by leaving the city
centre via the main A50 travelling into Frog Island
which continues into Woodgate. Once on Woodgate
take the first left hand turning into Dunton Street,
where the property is situated on the left hand side in
a row of similar style properties.
aCCOmmODaTION
ground Floor:
Front lounge, living room, kitchen.
First Floor:
Landing, two bedrooms, bathroom.
Outside:
Private rear yard.
RENT aChIEvabLE
£525.00 per calendar month exclusive
(£6,300 per annum).
TENuRE
Freehold with vacant possession.
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts
ENERgy PERfORmaNCE CERTIfICaTE
EPC Rating F
SOLICITORS
Philip J Hammond Solicitors, 47 Friar Lane,
Leicester, LE1 5QX
Tel: 0116 251 7171 (Ref: R.S)
Email: rosemariesculthorpe@pjhammond.com
Price Guide: £75,000 - £85,000
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
9
304 PenDLeBury DrIve
weSt knIgHtOn, LeICeSter, Le2 6Hy
DESCRIPTION
Freehold Residential Investment. An appealing
four bedroom detached property located within
a desirable residential location currently let on an
Assured Shorthold Tenancy.
LOCaTION
The property is best approached via the main A50
Welford Road, passing the traffic light junction with
Chapel Lane and turning right at the next set of
traffic lights into Aberdale Road. Take the first right
hand turning into Cairnsford Road, continue onto
Woodcroft Avenue and at the ‘T’ junction turn right
into Pendlebury Drive.
aCCOmmODaTION
ground Floor:
Entrance porch, entrance hall, through lounge/diner,
kitchen & utility room.
First Floor:
Landing, bedroom one with en-suite shower room,
three further bedrooms, family bathroom.
Outside:
Front, side & rear gardens. Ample off road parking
provided to the front leading to an integral garage.
TENuRE
Freehold subject to existing tenancy. The property
is let on an Assured Shorthold Tenancy for a term of
12 months from 13th November 2013 at a rent of
£700.00 per calendar month exclusive. The current
tenant has been in occupation since 13th May 2011.
NOTE
• The auctioneers feel that there could be scope
for uplift in rental to £795.00 per calendar month
exclusive (£9,540 per annum exclusive).
• The successful purchaser shall contribute £750.00
towards the vendor’s reasonable legal costs.
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating D
SOLICITORS
Equitas Law, 17 Wellington Street, Leicester, LE1 6HU
Tel: 0116 2755054 (Ref: Z.P)
Email: zaida@equitaslaw.com
Price Guide: £175,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
10
36 wILmIngtOn rOAD
neAr nArBOrOugH rOAD, LeICeSter, Le3 1At
DESCRIPTION
Freehold Investment. Three bedroom mid terrace
property located within a quiet residential location
currently let on an assured shorthold tenancy.
The property is fully gas central heated and double
glazed.
LOCaTION
The property is best approached via the main A5460
Narborough Road, continuing under the railway
bridge at the main set of traffic lights turn right into
Imperial Avenue. Continue over the next set of traffic
lights and take the third right into Wilmington Road.
The property is within walking distance to Leicester
De Montfort University, Leicester Royal Infirmary and
Leicester City Centre.
aCCOmmODaTION
ground Floor:
Front lounge, living room, kitchen.
First Floor:
Landing, three bedrooms, third bedroom leading
to bathroom
Outside:
Private rear garden area.
TENuRE
Freehold subject to existing tenancy. The property is
let for a term of 6 months from the 26th May 2014 at a
rent of £475.00 per calendar month exclusive (£5,700
per annum).
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating e
SOLICITORS
Equitas Law, 17 Wellington Street,
Leicester, LE1 6HU
Tel: 0116 2755054 (Ref: Z.P)
Email: zaida@equitaslaw.com
Price Guide: £85,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
ENERGY
PERFORMANCE
CERTIFICATES
(EPC)
Where necessary our clients have commissioned an EPC
any EPC that was not available at the time the catalogue
was printed will be uploaded to our website as and when
they are received.
however please note that these will be available for
inspection as part of the legal documentation on the day
of the auction.
ImPOrtAnt
InFOrmAtIOn
Presenting a cheque knowing that the cheque was
drawn on an invalid bank account or where there
will be inadequate funds to honour it is a
CRIMINAL OFFENCE.
We reserve the right to give details of any unpaid cheque
to the CROWN PROSECUTION SERVICE.
Proof of ID will be required on all successful purchases.*
*official documentation bearing a photograph
Legal documents for some of the lots are now or will be available online. These
will be available on the ‘Legal Documents’ section of our website
www.shonkibros.com where you will be able to download the documents.
NEXT AUCTION DATE: 10TH DECEMBER 2014
ENTRIES NOW BEING TAKEN
LOt
11
58 nOrmAn Street
OFF nArBOrOugH rOAD, LeICeSter, Le3 0BB
DESCRIPTION
Freehold. Three bedroom mid terrace property in
need of full refurbishment. Ideal for rental investors.
LOCaTION
Access to the property can be made leaving the city
centre via St Augustine Road and turning into the
main A5460 Narborough Road. Continue along the
main Narborough Road and take the sixth left hand
turning into Gaul Street, right onto Wilberforce Road,
then left into Norman Street.The property can be
found on the left hand side in a row of similar style
properties. The property offers quick and easy access
to Leicester City Centre, De Montfort University and
Leicester Royal Infirmary.
aCCOmmODaTION
ground Floor:
Front reception room, living room, kitchen.
First Floor:
Landing, two bedrooms, bathroom, staircase leading
to second floor
Second Floor:
Bedroom three
Outside:
Front and rear yards.
TENuRE
Freehold with vacant possession.
RENT aChIEvabLE
After completion of works the property could be
let to four students and could produce a rental
of approximately £1,000.00 per calendar month
(£12,000.00 per annum).
NOTE
• no offers will be accepted on this property prior
to auction.
• The completion date will be on or before 30th
January 2015.
SOLICITORS
Equitas Law, 17 Wellington Street, Leicester, LE1 6HU
Tel: 0116 2755054 (Ref: Z.P)
Email: zaida@equitaslaw.com
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating e
Price Guide: £75,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
12
3B & 5B CHurCH LAne
AnStey, LeICeSter, Le7 7AF
DESCRIPTION
Freehold. Well located investment property
arranged as two self contained apartments with
allocated parking. The property lies in a quiet
village location close to Bradgate park with all
amenities close by. Ideal for rental investors.
LOCaTION
The property can be approached via the main A6
St Margarets Way. Continue from the city centre for
approximately ½ mile, continuing into Anstey Lane,
travelling until reaching Anstey Village. At the main
roundabout turn left onto Bradgate Road, take the
second right hand turning into Church Lane. Follow
the road round and take the last turning on the left
into the cul-de-sac.
TENuRE
Freehold with vacant possession.
NOTE
• Should the property not sell as a whole then 3b &
5b Church Lane, Anstey will be offered for sale as two
separate subsequent lots.
• The completion date will be on or before eight weeks
following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
3b Church Lane – ePC rating D
5b Church Lane – ePC rating C
SOLICITORS
Property
Accommodation
3B - Ground Floor Open plan kitchen, open
plan lounge, fitted kitchen,
bedroom, inner hallway &
bathroom
5B - First Floor
Open plan kitchen, open
plan lounge, fitted kitchen,
two double bedrooms &
spacious bathroom
Estimated full rental income
Estimated full rental income (per annum)
Estimated full
rental Income
£550.00 p.c.m
Sarginsons Law LLP Solicitors, 10 The Quadrant,
Coventry, CV1 2EL
Tel: 02476 553181 (Ref: S.B)
Email: sbooth@s-law.co.uk
£595.00 p.c.m
£1,145.00 p.c.m
£13,740 pa
Price Guide: £165,000 - £175,000
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOtLOt
13
3B CHurCH LAne
AnStey, LeICeSter, Le7 7AF
DESCRIPTION
Leasehold. One bedroom apartment very well
presented internally within a quiet residential
location. The apartment has electric heating & is
fully double glazed.
LOCaTION
The property can be approached via the main A6
St Margarets Way. Continue from the city centre for
approximately ½ mile, continuing into Anstey Lane,
travelling until reaching Anstey Village. At the main
roundabout turn left onto Bradgate Road, take the
second right hand turning into Church Lane. Follow
the road round and take the last turning on the left
into the cul-de-sac.
aCCOmmODaTION
ground Floor Apartment:
Open plan kitchen, open plan lounge, fitted kitchen,
bedroom, inner hallway & bathroom.
Outside:
Car parking provided to the front of property.
LOt LOt
14
RENT aChIEvabLE
£550.00 per calendar month exclusive
(£6,600 per annum).
TENuRE
Leasehold. The Apartment will be held on a 250 year
lease from the date of completion.
NOTE
• The completion date will be on or before eight weeks
following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating D
SOLICITORS
Sarginsons Law LLP Solicitors, 10 The Quadrant,
Coventry, CV1 2EL. Tel: 02476 553181 (Ref: S.B)
Email: sbooth@s-law.co.uk
Price Guide: £75,000+
5B CHurCH LAne
AnStey, LeICeSter, Le7 7AF
DESCRIPTION
Leasehold. Two bedroom first floor apartment
located within a quiet village location providing
easy access to all amenities & Bradgate Park. The
apartment is fully double glazed and has electric
heating.
LOCaTION
The apartment can be approached via the main A6
St Margarets Way. Continue from the city centre for
approximately ½ mile, continuing into Anstey Lane,
travelling until reaching Anstey Village. At the main
roundabout turn left onto Bradgate Road, take the
second right hand turning into Church Lane. Follow
the road round and take the last turning on the left
into the cul-de-sac.
aCCOmmODaTION
First Floor Apartment:
Open plan kitchen, open plan lounge, fitted kitchen,
two double bedrooms & spacious bathroom with
separate shower cubicle.
Outside:
Covered car parking available to the front of
the property.
RENT aChIEvabLE
£595.00 per calendar month exclusive
(£7,140 per annum).
TENuRE
Leasehold with vacant possession. The apartment will be
held on a 250 year lease from the date of completion.
NOTE
• The completion date will be on or before eight weeks
following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating C
SOLICITORS
Sarginsons Law LLP Solicitors, 10 The Quadrant,
Coventry, CV1 2EL. Tel: 02476 553181 (Ref: S.B)
Email: sbooth@s-law.co.uk
Price Guide: £85,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
Back your bid with
a winning finance package
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Whether you’re looking to add to your portfolio, or renovate
a property to sell, we offer a range of flexible finance options
to suit your needs. And our experts are on hand, to help you
secure funds as fast as possible.
3, 6, 9 and 12
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To find out more call our team on 0161 933 7155
or visit www.auctionfinance.co.uk
@AuctionFinance
Scott Hendry
07778 150 845
Charissa Chang
07540 203 922
Phil Mabb
07808 642 547
Laura Morgan
07714 316 568
Auction Finance Limited | Registered in England and Wales - Company Registration Number
04949929 | Registered office: Lake View, Lakeside, Cheadle, Cheshire, SK8 3GW.
* fees and charges apply
Experts on-hand
at auctions
Working in
association with
LOt
LOt
15
7 AyLeStOne DrIve
AyLeStOne, LeICeSter, Le2 8Qe
DESCRIPTION
Freehold. Three bedroom semi detached property
situated within a popular residential location. Ideal
for owner occupiers, first time buyers
or rental investors.
LOCaTION
The property is located off Aylestone Road and is best
approached by leaving Leicester City Centre via the
A426 Aylestone Road. Turn left into Duncan Road, at
the main roundabout turn right into Milligan Road
which continues into Aylestone Drive were number
7 is situated on the right hand side.
aCCOmmODaTION
ground Floor:
Entrance hall, through lounge, fitted kitchen.
First Floor:
Landing, three bedrooms, bathroom.
Outside:
Front garden area providing off road parking and
rear lawn garden area.
RENT aChIEvabLE
£595.00 per calendar month exclusive
(£7,140 per annum).
TENuRE
Freehold with vacant possession.
NOTE
• The property has recently had new kitchen &
bathroom fitments and has been redecorated.
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
EPC Rating E
SOLICITORS
Thankey Mahet Legal, 87 London Road,
Leicester, LE2 0PF
Tel: 0116 247 0022 (Ref: R.T)
Email: roney@thankeymahet.co.uk
Price Guide: £115,000 - £125,000
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
16
1 reD HILL LAne
tHurmAStOn, LeICeSter, Le4 8Ft
DESCRIPTION
Freehold. Two bedroom detached bungalow
situated within walking distance of Thurmaston
Shopping Centre. Ideal for owner occupiers,
first time buyers or rental investors.
LOCaTION
The property is best approached leaving Leicester
City Centre via A607 Belgrave Road continuing onto
Melton Road. At the roundabout with Thurmaston
Shopping Centre, take the fourth exit into Barkby
Thorpe Lane. Turn right into Highway Road, then take
the third right hand turning into Red Hill Lane, the
property can be found on the left hand side.
aCCOmmODaTION
Entrance area, spacious lounge, fitted kitchen, lobby,
two bedrooms, bathroom having separate
showing cubicle.
Outside:
Front garden area providing off road parking,
detached garage & rear garden area.
TENuRE
Freehold. The property is currently let on an assured
shorthold tenancy from 24th June 2013 for a term
of 6 months at a rent of £575.00 per calendar month
exclusive (the tenant is currently holding over). the
property can either be sold with vacant possession
or subject to the existing tenancy.
RENT aChIEvabLE
£595.00 per calendar month exclusive
(£6,900 per annum).
NOTE
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating e
SOLICITORS
Thankey Mahet Legal, 87 London Road,
Leicester, LE2 0PF
Tel: 0116 247 0022 (Ref: R.T)
Email: roney@thankeymahet.co.uk
Price Guide: £125,000 - £135,000
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
LOt
17
63 wOLvertOn rOAD
OFF nArBOrOugH rOAD, LeICeSter, Le3 2AJ
DESCRIPTION
Freehold. Two bedroom mid terrace property in
need of refurbishment & modernisation. Ideal for
rental investors.
LOCaTION
The property can be approached leaving the City
Centre via A5460 Narborough Road, continuing along
for approximately ½ a mile, going under the bridge,
taking the third left into Wolverton Road. The property
is located close to Leicester City Centre and is within
walking distance of Leicester De Montfort University &
Leicester Royal Infirmary.
aCCOmmODaTION
ground Floor:
Front reception room, living room, kitchen.
First Floor:
Landing, two bedrooms, bathroom.
Outside:
Enclosed private yard.
TENuRE
Freehold with vacant possession upon completion.
RENT aChIEvabLE
After completion of works £525.00 per calendar
month exclusive (£6,300 per annum).
NOTE
• no offers will be accepted on this property prior
to auction.
• The completion date will be on or before eight
weeks following exchange of contracts.
ENERgy PERfORmaNCE CERTIfICaTE
ePC rating g.
SOLICITORS
Equitas Law, 17 Wellington Street, Leicester, LE1 6HU
Tel: 0116 2755054 (Ref: Z.P)
Email: zaida@equitaslaw.com
Price Guide: £75,000+
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
memorandum of Agreement of Sale
SHONKI BROTHERS – AUCTIONS
AGREEMENT DATE: ........................................................................
Lot Number:
SELLER: ........................................................................
of ....................................................................
BUYER: ........................................................................
of ....................................................................
www.shonkibros.com
The Seller will sell and the Buyer will buy
the Property for the Purchase price agreed
on the fall of the hammer subject to the
Common Auction Conditions for auctions
of Real Estate in England and Wales (Edition
3 3rd August 2009) as amended by Seller‘s
General Conditions and Special Conditions.
note: A copy of the Common Auction
Conditions for auctions of Real Estates in
England and Wales (Edition 3 3rd August
2009) as amended by Seller‘s General
Conditions of sale and Special Conditions
which are available for inspection at the
Sellers Auctioneers’ offices prior to the
Auction and the Buyer is deemed to have
inspected and familiarised himself with such
conditions prior to Auction whether he has
done so or not.
PROPERTY: ALL THAT property described in the Special Conditions
of Sale relating to the above Lot Number and known as
........................................................................
........................................................................
COMPLETION DATE: ........................................................................
PURCHASE PRICE: £ .....................................................................
BUYERS PREMIUM: £450.00...........................................................
SEARCHES ETC: £ .....................................................................
BALANCE: £ .....................................................................
LESS DEPOSIT ETC PAID: £ .....................................................................
BALANCE DUE: £ .....................................................................
The Auctioneer acknowledges receipt of the Deposit as Agent for the Seller in part payment of the purchase price.
The Buyer agrees to pay the remainder of the deposit/purchase price to complete the purchase in accordance with this agreement in all
respects.
Signed:.................................................................................................................................................Signed p.p. SeLLer
Signed:..................................................................................................................................................Signed p.p. Buyer
note: If the Memorandum of Agreement of Sale is not signed by or on behalf of the Successful Bidder/Buyer Shonki Bros Leicester Ltd., or
any Director of theirs is authorised to sign the said Memorandum of Agreement of Sale on behalf of the successful Bidder/Buyer.
BUYER’S FEE: The successful purchaser will be required to pay the Auctioneers a buyer’s fee of
£450.00 (inc.VAT) upon exchange of contracts whether the property is bought prior to auction,
on the auction day or post auction.
www.shonkibros.com
IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as
their 10% deposit. Two forms of identification required. (for further information, please see
back of brochure). No cash deposits or credit/debit cards
auction
Wednesday
15th October 2014
5:00pm
Directions to:
LEICESTER CITY FOOTBALL CLUB,
KING POWER STADIUM
from the m1/m69
Leave at junction 21 (not 21a), follow the A5460 (Narborough
Road) and follow the signs to Leicester.
After approximately 3 miles you should pick up signs for the
City Centre.
Leicester City football Club
gary Lineker Suite,
King Power Stadium,
filbert Way,
Leicester LE2 7fL
money Laundering 2003
New Anti-Money Laundering Regulations came into effect from March 1st 2004 which affects both estate agents and auctioneers.
There is now a requirement that Shonki Brothers confirm the identity of its clients and buyers.
In order to comply with these regulations, all buyers will have to provide Shonki Brothers’ auction team with
(i) proof of identity and (ii) a current residential address, the following documents must be presented in all cases.
The following list state documents for proof of identity and proof of residency. One document is required from each list.
PROOF OF IDENTITY
•
•
•
•
•
Current Passport
Current Full UK driving licence/photocard driving licence
Residential Permit issued by Home Office to EU Nationals
Inland Revenue tax notification
Firearms Certificate
PROOF OF ADDRESS
•
•
•
•
•
Current full UK driving licence/photocard driving licence
A utility bill issued within the last three months
Local Authority tax bill (valid for current year)
Bank, Building Society or Credit Union stating current address
The most recent original mortgage statement from a recognised lender
Please note that only the above documents will be accepted at the auction venue.
IN ADDITION
• If a bidder is acting as an agent on behalf of another party, they will be required to provide the documents detailed above for both themselves
(the agent) and the principal, as well as provide a valid letter of authority from the principal authorising them to bid on their behalf.
• If a bidder is acting on behalf of a company, the above documents will still be required along with a written authority from the company.
Looking for a quick alternative way
of selling your property...
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WE OFFER:
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www.shonkibros.com
entries are now being taken for our forthcoming Auction:
wednesday 10th December 2014.
Closing date for entries Friday 7th november 2014.
Please contact our oﬃce for further details.
95 Narborough Road, Leicester LE3 0PA
Tel: 0116 255 7573 Fax: 0116 255 1104
info@shonkibros.com www.shonkibros.com