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Apartment 1 South Corner, 25 South Street, Derby, Derbyshire DE1 1DR

Lot no: 9 Withdrawn Post
 

Guide Price £48,000+ 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
  • EXCELLENT INVESTMENT OPPORTUNITY
  • Modern (converted in 2007) one bedroomed maisonette with garden and parking space
  • Sought after location just off Friar Gate
  • Let on AST producing £5,100 p.a.
  • EPC Rating: B
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Withdrawn Post

Ground floor flat

Property Description:

The property has its own private front door, parking space and small garden. The property was last let at £5,100 p.a.

In more detail the accommodation comprises –

Steps up to entrance door.

Living Kitchen 16'1” plus bay x 13'9” - 4.90m plus bay x 4.20m

With uPVC double glazed bay window to front elevation, uPVC double glazed entrance door, fitted kitchen with beech units, contrasting dark work tops, stainless steel sink unit with single drainer, stainless steel hob, oven and extractor, free standing washing machine and fridge freezer, radiator, tv aerial point.

Bedroom 13'9” x 10'10” - 4.20m x 3.30m

With double doors opening onto decking and overlooking rear garden, radiator, tv aerial point, wall mounted central heating boiler.

Bathroom

With white suite comprising panelled bath with shower over, wash hand basin, low level wc, built in storage cupboard, heated towel rail.

Outside

The property has its own allocated parking space and to the rear of the property is a private decked area and open plan communal garden and drying area.

Directions

Leave Derby City centre along Friar Gate, pass under the old railway bridge and then turn left onto Larges Street, right into South Street where the property will be found on the left hand side identified by our for sale by auction board.

Tenure:

Leasehold. Vacant possession upon completion.


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.