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Ground Floor Flat in Derby

82 Keldholme Lane, Alvaston, Derby, Derbyshire DE24 0RY

Lot no: 10 Property type: Ground floor flat Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £35,000+plus fees Result Withdrawn Post



An excellent buy-to-let investment opportunity to acquire a well equipped ground floor one bedroomed studio occupying a popular and convenient location.

Property Description

In brief there is a communal entrance hallway and the studio flat itself consists of a lounge/bedroom with an opening through to a kitchen, a walk-in dressing area with shower room. Outside there are communal grounds with an adjacent allocated parking space. In our opinion the property is capable of being rented at approx £375 pcm (£4,500 pa) giving an income of over 12% return. The property is situated within walking distance of local shops and is always a popular choice with first time buyers, landlords and investors.

Lounge/Bedroom 14'7" x 8'8"

With sealed unit double glazed window in uPVC frame to the front elevation and opening through to the kitchen.

Kitchen 8'7" x 6'

With sealed unit double glazed window to the side elevation. The fitted kitchen has white units comprising a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling. There is a cooker point, plumbing for washing machine, space for fridge freezer and airing cupboard with louvred doors.

Dressing Area 8'8" x 4'

With floor-to-ceiling fitted wardrobes, wood grain effect laminate floor covering and access through to the shower room.

Shower Room

Consists of a shower cubicle, low level wc, vanity wash hand basin, complementary tiling to the walls and extractor fan.

Outside

There are communal grounds with an adjacent allocated parking space.

NOTE

To comply with the Estate Agents Act 1979, interested buyers/purchasers are informed that the seller is an employee of the SDL Group.

Tenure

Leasehold.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.