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5 Stanleigh House, Stanleigh Gardens, Donisthorpe, Swadlincote, Derbyshire DE12 7QW

Lot no: 29 Withdrawn Post
 

Guide Price £75,000+ 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.

Thursday 25th March 2021

10.00am
Key Features
  • One bedroom
  • Great location
  • Parking
  • Let out at £425 per calendar month
  • EPC Rating: D
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Withdrawn Post

Apartment

Property Description:

A well presented apartment in a period conversion.

Stanleigh House was a magnificent Victorian residence converted to residential apartments in 2002.

Apartment 5 is located on the ground floor. It benefits from central heating, uPVC double glazing and parking.

Currently let out at £425 per calendar month/£5,100 per annum and offering a return of over 7%.

A great buy to let investment with a rental income from day one.

Well placed in a quiet and private cul-de-sac location within the village of Donisthorpe. Excellent road and motorway links and within the heart of the National Forest’s walks and trails.

Communal Entrance Hallway

With superb original ornate staircase.

Reception Hallway

Giving access to -

Lounge / Diner

With bay window to the front aspect.

Kitchen

With base and wall units, integrated oven and hob, space for appliances, sink unit and roll top work surfaces. Window to the side aspect.

Bedroom

With window to the side elevation.

Bathroom

With a modern white suite comprising low flush wc, wash hand basin and panelled bath with shower over. Part tiled walls.

Outside

Well maintained gardens. Residents parking.

Service Charge and Ground Rent

We are informed by the seller that the service charge is £50 per month and the ground rent £200 per annum.

Note:

Under the Estate Agents Act 1978 interested parties are advised that the seller is an associate of SDL Property Auctions.

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.