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4 Sharps Close, Kirk Hallam, Ilkeston, Derbyshire DE7 4JB

Lot no: 16 Sold at Auction for £50,000
 

Guide Price £45,000+ 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.

Friday 14th December 2018

11.30am
Key Features
  • Two double bedroomed first floor flat
  • Minor scheme of improvements required
  • Literally yards from Kirk Hallam Community Academy
  • Excellent buy-to-let investment opportunity
  • EPC Rating: E
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Sold at Auction for £50,000

Flat

Property Description:

DRAFT DETAILS - AWAITING VENDOR APPROVAL.
The property offers well proportioned living accommodation complemented by double glazing and in brief comprises entrance lobby with large walk-in cupboard, fitted kitchen, sitting room, inner lobby, providing access through to two well proportioned bedrooms and a bathroom (refitted for disabled use).

The property is situated in the context of an established location always popular with first time buyers and landlords.

Entrance Lobby

Entered by door to front providing access through to the kitchen and lounge.

Large Walk-in Cupboard 4'1" x 3'
Kitchen 10'3" x

With double glazed window to the rear elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling, integrated appliances comprising an electric oven with four ring gas hob and pantry.

Sitting Room 13'9" x 12'5"

With double glazed windows to the front and side elevation, gas fire incorporating a coal living flame effect with marble in-situ back and hearth, wood surround and mantle.

Inner Lobby

Providing access through to the two bedrooms, bathroom.

Bedroom One 13'6" x 9'2"

With two double glazed windows to the front elevation and built in wardrobe.

Bedroom Two/Dining Room 11' x 9'3"

With double glazed window to the rear elevation.

Bathroom 6'9" x 5'

With double glazed window to the rear elevation. Fitted for disabled purposes with walk-in shower with shower unit over, complementary tiling to the walls, low level wc in white with wash hand basin and extractor fan.

Outside

There are outbuildings and steps leading to the front door.

Leasehold Details

99 year lease from 1st October 1993.
Ground rent is £30pa until 30th September 2026 (then it’s £60pa until 30/09/2059 and £120pa thereafter)

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.