Two apartments which are currently achieving £14,400 per annum collectively, situated on Hey Street, which is just a short walk from all local shops and has easy access to the M1, A50 and A52. Apartment One is a one-bedroomed apartment achieving £525 per calendar month. (£6,300 per annum) Apartment Two is a three-bedroomed apartment achieving £675 per calender month. (£8,100 per annum) Apartment One is on the ground floor and comprises a kitchen, bathroom, living room area, small dining area and one large double bedroom. Apartment Two is entered via the ground floor with stairs to the first floor. This comprises a kitchen, shower room, living room, large landing, stairs to the second floor which has three bedrooms and one bathroom. It also has a spiral staircase leading to a small storage area on the third floor. We believe there is potential for development to the ground floor to extend Apartment One, or to create a separate unit, subject to obtaining the relevant planning consents. The accommodation comprises:
Enter via front door
3.11m x 2.42m
With fitted kitchen having wall and base units with work surfaces over, stainless steel one and a half bowl sink and drainer, splashback tiling to walls, integrated oven, four burner gas hob with cooker hood over, full tiling to floors, plumbing for automatic washing machine and dishwasher which are integrated, integrated fridge freezer, wall mounted combination boiler, radiator. Door to bathroom.
2.13 x 1.66m
With panelled bath having mixer taps, wash hand basin, low level wc, heated chrome towel rail, full tiling to walls and floor, double glazed windows to side and rear elevations.
4.34m x 4.04
With single glazed windows to rear elevation (one which is arched), windows to side elevation, feature open fireplace, fully tiled floors, door to bedroom and large storage cupboard.
1.99m x 2.13m
With single glazed window to rear elevation, tiled floors.
4.34m x 4.34m
With single glazed bay window to front elevation, two radiators, cupboard housing electric and gas meters.
Spacious accommodation comprising:
With stairs leading to first floor.
With doors to kitchen, shower room, living room and stairs leading to the second floor, single glazed window to rear elevation.
4.36m x 4.36m
With single glazed sash windows to front and side elevation, two radiators.
4.33 x 3.06
Fully fitted kitchen with wall and base units with work surfaces over, one bowl stainless steel sink and drainer, tiling to wall and floors, integrated oven, gas hob with cooker hood over, integrated automatic washing machine and dishwasher, integrated fridge freezer, single glazed sash windows to the side and rear elevation, radiator.
With single glazed sash window to the side elevation, low level wc, wash hand basin, double shower cubicle, tiling to floor and walls.
3.71 x 3.78m
We feel this area could be used as an office/study space, spiral staircase leading to a small storage area with a Velux window. Doors to three bedrooms and bathroom.
3.14m x 3.81m
With double glazed window to side elevation, radiator.
3.31m x 3.10m
With Velux window to front elevation, radiator.
3.91m x 2.25m
With double glazed window to the side elevation, original feature fireplace, radiator.
2.93m x 1.95m
With Velux window to rear elevation, bathroom suite comprising bath, wash hand basin with vanity unit below, low level wc, feature pebble tiled walls and floor.
There is a gravelled driveway leading to a large gravelled area to the rear of the property giving ample off-street parking for several cars. We believe there is potential for development to the ground floor to extend Apartment One, or to create a separate unit, subject to obtaining the relevant planning consents.
Freehold. Subject to tenancy.
The auction for this property will take place as an “Auction Event” behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely- please see the below section on “Registration Process”.
The auction can be watched in real-time on the auction date on our home page: https://www.sdlauctions.co.uk/
The auction date applicable for the property is displayed on this page. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions’ Buyers Terms (England & Wales).
Auction Type – Unconditional with Fixed Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.
The following standard non-refundable fees apply:
- Buyer’s Fee- payable on exchange of contracts. This is usually £1074 including VAT, subject to the Special Conditions of Sale. This fee does not contribute towards the purchase price of 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 Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.
On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
Applicable fees/deposit must be paid immediately after a winning bid has been placed. We do not accept payment by cash or cheque. Prior to the auction, we will email you to register your card details with our third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by one of our representatives to make payment. If we cannot make contact with you within 24 hours after the auction ends, we reserve the right to charge your card if you do not respond to this email.
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on this page, under the sub-heading “Legal Packs”. Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property – they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Energy Performance Certificate
The EPC for this property can be viewed in full at the top of this page or in the legal pack.
T To register to bid on the property, you must submit your remote bid here: https://www.sdlauctions.co.uk/remote-telephone-proxy-bidding/. There is also a link to register on the property details page, where you will also be able to find the lot number for the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut off, it cannot be guaranteed that your registration will be processed.
Guide Price & Reserve Price
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.