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Apartment 7 St. Marys Chambers, St. Marys Gate, Derby, Derbyshire DE1 3JZ

Lot no: 38 Sold at Auction for £68,000
 

Guide Price £66,000+ 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 1st November 2018

11.30am
Key Features
  • Stylish third floor one bedroomed apartment
  • Let on AST at £525 pcm (£6,300 p.a.)
  • Located in the heart of the City centre
  • Excellent residential investment property
  • EPC Rating: D
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Sold at Auction for £68,000

Flat

Property Description:

The accommodation briefly consists of communal entrance area, open plan living lounge kitchen, bedroom and a well appointed bathroom.

The property enjoys a popular location surrounded by some beautiful period architecture, fashionable bars, restaurants and is within walking distance of the popular Sadler Gate. Excellent residential investment property.

Communal Ground Floor Entrance Hall

With staircase and lift to apartment -

Entrance Hall

Entered by door to front and serves all rooms to the property and has a built in airing cupboard.

Open Plan Living Lounge Kitchen 26’ max x 12’3” (please note this is an irregular shaped room)

With sealed unit double glazed window which overlooks St. Mary’s Cathedral, television point and wall mounted electric heater. The Kitchen Area consists of a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprise a stainless steel electric oven with a four ring hob and a chimney style fan assisted illuminated cooker over. There is also plumbing for automatic washing machine and tiled floor covering in the kitchen area.

Well Proportioned Double Bedroom 11’8” x 10’1”

Having two sealed unit double glazed windows in uPVC frame and central heating radiator.

Bathroom

With sealed unit obscure double glazed window in uPVC frame. Thoughtfully designed and well equipped three piece bathroom suite in white comprising panelled bath with mixer tap, shower attachment, low level wc, pedestal wash hand basin with mixer tap, complementary tiling to the walls, extractor fan and chrome laddered heated towel rail.

Note

The property is sold fully furnished (landlords furniture).

Leasehold

Service charges £350 per quarter via Stuart Smith Agents.

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.