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Ground Floor Flat in Alfreton

Flat 1 Rockmay House, Market Place, Riddings, Alfreton, Derbyshire DE55 4BQ

Lot no: 11 Property type: Ground floor flat Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £25,000+plus fees Result Sold at Auction £30,000



A one bedroomed ground floor apartment offering well maintained and equipped living accommodation with a potential rental income of £4,200 per annum.

Property Description

Enjoying a popular village location in a conservation area is a converted one bedroomed ground floor apartment offering well maintained and equipped living accommodation. Internally the part upvc double glazed and gas centrally heated accommodation consists of: Ground floor entrance hallway, leading to entrance lobby, light and spacious lounge with the benefit of an original bay window opening through to a kitchenette. Located off from the entrance lobby there is a double bedroom and bathroom fitted with a white three piece suite. The popular village of Riddings has a wide range of facilities and the property itself is situated within walking distance of two public houses and enjoys a pleasant setting in a conservation area. There is a nearby historic market town of Alfreton and the A38 and M1 provides swift access on to regional business centres. Excellent investment opportunity with a potential rental income of £4,200 per annum. The accommodation briefly comprises:

Communal Entrance Hallway

Entered by door to front with tiled floor covering.

Lounge 15ft 8 into bay window x 12ft 1

Light and spacious with large original bay window to front elevation. Wood grain effect laminate floor covering, television point, central heating radiator and opening through to kitchenette.

Kitchenette 8ft 8 x 6ft

The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, perpetration surface with stainless steel sink and drainer and splash-back tiling. Pluming for automatic washing machine and cooker point.

Double Bedroom 11ft 11 x 11ft 11

With sealed unit upvc double glazed window to side elevation. Airing cupboard with wall mounted combination boiler and central heating radiator.

Bathroom

With sealed unit obscure double glazed window in upvc frame to side elevation. Three piece bathroom suite in white comprises a panelled bath with mixer tap and shower rail, low level w.c, wash hand basin, complementary tiling to walls and central heating radiator.

LEASEHOLD

Leasehold: 999 years from 23 Nov 2005
Ground Rent: £100 per annum. NO service charges

Tenure

Leasehold. Vacant possession upon completion.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.