Property Description
Data accuracy has been partially verified for this property. More info on modelled data points below.
Our analysis
Welcome to Rye Hill Mill Road, Lutterworth, a cozy and compact detached type home with 2 bed in the LE17 5DE area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .
This classic property was built
in a neighborhood known for its allure and prestige.
This home stands out for its value and character -
with a market valuation of £845,000 and a rental potential of £5,493 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to Dec 27, 2018. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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SUMMARY
In need of renovationg, this two-bedroom detached bungalow sits in
the village of Ullesthorpe on a good size plot with a generous rear
garden.
The accommodation comprises lounge, kitchen, two double bedrooms
and bathroom, with a driveway and single garage.
DESCRIPTION
This property is for sale by the Modern Method of Auction which is
not to be confused with traditional auction. The Modern Method of
Auction is a flexible buyer friendly method of purchase. We do not
require the purchaser to exchange contracts immediately, granting
56 days for completion and with an aim to exchange contracts 28
days from the date the buyer's solicitor is in receipt of the draft
contracts. Allowing the additional time to exchange on the property
means interested parties can proceed with traditional residential
finance. Upon close of a successful auction or if the vendor
accepts an offer during the auction, the buyer will be required to
put down an non-refundable reservation fee of 4.2% to a minimum of
?6000 including VAT which secures the transaction and takes the
property off the market. Fees paid to the Auctioneer may be
considered as part of the chargeable consideration for the property
and be included in the calculation for stamp duty liability.
Further clarification on this must be sought from your legal
representative.
The buyer will be required to sign an 'Acknowledgement of
Reservation' form to confirm acceptance of terms prior to
solicitors being instructed. Copies of the Reservation form and all
terms and conditions can be found in the Buyer Information Pack
which can be downloaded for free from the auction section of our
website or requested from our Auction Department.Please note this
property is subject to an undisclosed reserve price.
Description
This two-bedroom detached bungalow, in need of modernisation. sits
on a good size plot in Ullesthorpe and has a generous rear
garden.
The accommodation comprises entrance hallway, lounge, kitchen,
conservatory, two double bedrooms and bathroom, with a driveway and
single garage.
Auctioneers Comments
This property is for sale by the Modern Method of Auction which is
not to be confused with traditional auction. The Modern Method of
Auction is a flexible buyer friendly method of purchase. We do not
require the purchaser to exchange contracts immediately, granting
56 days for completion and with an aim to exchange contracts 28
days from the date the buyer's solicitor is in receipt of the draft
contracts. Allowing the additional time to exchange on the property
means interested parties can proceed with traditional residential
finance. Upon close of a successful auction or if the vendor
accepts an offer during the auction, the buyer will be required to
put down an non-refundable reservation fee of 4.2% to a minimum of
?6000 including VAT which secures the transaction and takes the
property off the market. Fees paid to the Auctioneer may be
considered as part of the chargeable consideration for the property
and be included in the calculation for stamp duty liability.
Further clarification on this must be sought from your legal
representative.
The buyer will be required to sign an 'Acknowledgement of
Reservation' form to confirm acceptance of terms prior to
solicitors being instructed. Copies of the Reservation form and all
terms and conditions can be found in the Buyer Information Pack
which can be downloaded for free from the auction section of our
website or requested from our Auction Department.
Please note this property is subject to an undisclosed reserve
price which is generally no more than 10% in excess of the Starting
Bid, both Starting Bid and reserve price can be subject to change.
Terms and conditions apply to the Modern Method of Auction, which
is operated by Connells Property Auction powered by IAM Sold.
Reservation Fee is in addition to the final negotiated selling
price.
Entrance Hallway
Having door to the front elevation, storage heater, access to loft
and access to accommodation.
Lounge 14' max x 11' 9" ( 4.27m max x 3.58m )
Having UPVC bay window to the front elevation, feature fireplace
and electric heater.
Kitchen 11' 9" x 9' 3" ( 3.58m x 2.82m )
Having fitted base unit, sink and work surface, space for cooker,
space for washing machine with plumbing, space for fridge/freezer,
with heater and UPVC double glazed window to the rear. Door to the
side elevation.
Conservatory 9' 6" x 8' 10" ( 2.90m x 2.69m )
Being of UPVC construction and lean-to design, with door to the
side elevation and French doors leading through to the garden.
Bedroom 1 12' 6" x 12' 2" max ( 3.81m x 3.71m max )
Having UPVC bay window to the front elevation and storage
heater.
Bedroom 2 10' 11" x 7' 11" ( 3.33m x 2.41m )
Having UPVC window to the rear elevation and electric storage
heater.
Bathroom
Having coloured suite comprising bath, WC and wash handbasin, with
ceramic tiling, heated towel rail and UPVC double glazed window to
the rear.
To The Outside
The front elevation has walling to the front and a lawned area.
There are double wrought iron gates providing access onto the
driveway which leads to the single garage. The garage has up and
over door.
The rear garden has a large laid to lawn area, a small patio area
and is enclosed with maturing trees and fencing.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be
asked to produce identification documentation at a later stage and
we would ask for your co-operation in order that there will be no
delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or
contract.
3: The measurements indicated are supplied for guidance only and as
such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before
committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures,
fittings or services and it is the buyers interests to check the
working condition of any appliances.
6: Connells has not sought to verify the legal title of the
property and the buyers must obtain verification from their
solicitor.
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441 sqm plot
