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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 £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Tuesday 30th June 2020

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 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.