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Apartment 10 Amber House, Railway Terrace, Derby, Derbyshire DE1 2RU

Lot no: 10 Re-entry to a future auction
 

Guide Price £46,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 31st May 2018

11.30am
Key Features
  • Extremely well appointed studio basement apartment let on AST at £500 pcm (£6,000 p.a.)
  • Quality refitted shower room and kitchen with built in appliances
  • Gated communal parking area with allocated space
  • Literally yards from Derby train station and the City centre
  • EPC Rating: E
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Re-entry to a future auction

Flat

Property Description:

The apartment is let on a six month assured shorthold agreement dated 10th March 2018 at £500 per calendar month (£6,000 per annum).

There is a communal entrance hall with internal door leading down to the basement studio apartment which consists of an open plan living kitchen/bedroom measuring 15’2” x 11’1” with refitted kitchen having quality built6 in appliances and a thoughtfully designed en-suite shower room. Outside there are electronic gates which provide access through to the communal parking area along with an allocated parking space. Excellent investment opportunity.

Communal Entrance Hall

Entered by door to front and with internal door leading through to the basement where there is a corridor leading through to Apartment 10.

Apartment 10:
Open-Plan Living Kitchen/Bedroom 15’4” x 11’7”

With double glazed window, quality refitted kitchen in gloss units comprising a range of wall mounted cupboards with matching base units, L-shaped preparation surface with a stainless steel Franke sink with mixer tap, Neff stainless steel built in electric oven, four ring hob, cooker hood over. Wood grain effect laminate floor covering, range of down-lighters, sprinkler system, power point, television point, electric panel heater and fire door.

Bathroom 6’1” x 4’1”

Comprising a generous sixed enclosed shower, concealed low level wc, vanity wash hand basin with cupboard beneath, range of down lighters, extractor fan, chrome laddered heated towel rail.

Outside

There is a driveway with decorative wrought iron electronic gates leading through to the block paved communal parking area where there is an allocated parking space.

Additional information

The lease for this property is 999 years from 01/01/17.
The service charges are £367.92 per annum.

Tenure:

Leasehold. Subject to tenancy.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.