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21b Bridge Street, Belper, Derbyshire DE56 1AY

Lot no: 74 Postponed
 

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 £1074, and completion must take place within 20 business days, unless the Special Conditions of Sale state otherwise.
Live Streamed

Tuesday 30th June

10.30am
Key Features
  • One of a pair of one double bedroomed flats this being the second floor flat
  • Let on AST producing £390 per calendar month (£4,680 per annum)
  • Situated in the heart of Belper town centre
  • Excellent residential investment opportunity
  • EPC Rating: F
  • No internal viewings
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Postponed

Flat

Property Description:

An excellent residential investment opportunity to acquire one of a pair of one double bedroomed second floor flat located in the heart of the historic town centre of Belper. The auctioneers have not inspected the property internally however we believe the accommodation is almost identical to the first floor flat and briefly comprises communal ground floor entrance located to the rear of the property with staircase leading to the flat. Internally the property comprises a long passaged landing which provides access through to all rooms of this spacious flat and in brief comprises generous sized front sitting room with sash window, two useful walk in storage cupboards, kitchen diner, double bedroom and bathroom with suite in white. A new lease has been drawn up for the sale and we believe the term to be for 125 years with service charge and ground rent yet to be confirmed. For further information please see legal pack. The property is let on an assured shorthold agreement at £390 per calendar month (£4,680 per annum). The historic market town of Belper is situated within one of the few World Heritage sites and boasts award winning high street with numerous independent shops, supermarkets, primary and secondary schools. There is the nearby iconic East Mill River Gardens positioned along the River Derwent. Belper is accessed via the A6 which is the main arterial road from the city of Derby located approximately 8 miles to the south.

Ground Floor Communal Entrance Door

With staircase to second floor.

Flat

With entrance door leading into -

Long Passaged Landing

Serves access to all of the rooms in the flat and comprises two sealed unit double glazed windows in uPVC frame to the side elevation and a useful walk-in storage cupboard and storage heater.

Front Sitting Room

With multi paned sash window to front elevation with secondary glazing, storage heater, walk-in storage cupboard measuring 6'4" x 2'8" and airing cupboard measuring 3' x 2'8".

Kitchen Diner

With window to side elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface with stainless steel sink and drainer, splashback tiling, cooker point and storage heater.

Bedroom One

Please note this is an irregular shaped room. With window to side elevation, wall mounted heater.

Bathroom

Fitted with a three piece suite in white comprising panelled bath with mixer tap, low level wc, pedestal wash hand basin and complementary tiling to the walls.

Tenure

Leasehold. A new lease has been drawn up and we believe it to be 125 years with the service charge and ground rent yet to be confirmed.

NOTE

Under the Estate Agents Act 1978 prospective purchasers are advised that the vendor is a relative of an employee of SDL.

PHOTOS

The internal photos are for illustrative purposes only and relate to 21a Bridge Street.

Tenure:

Leasehold.


Auction Method:

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.

Auction Fees

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.

Deposit

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.

Payment Method:

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.

Legal Pack

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.

Registration Process:

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.