Ground floor flat
DRAFT DETAILS - Overlooking Chester Green recreational park is a charming one bedroomed ground floor flat with a pleasant rear garden having a larger than average brick built outbuilding which lends itself to some sort of conversion subject to usual planning consents and building regulations.
Internally the well proportioned character flat has the benefit of double glazing, gas central heating (where stated) and in brief comprises sitting room, inner lobby, separate bedroom with shower room and a fitted kitchen. Located off from the kitchen is a very pleasant and easy to manage garden with an attached outbuilding with plumbing for washing machine and located to the rear of the garden a larger than average brick built outbuilding.
The property enjoys a prominent corner plot position with well kept lawned areas with open pathways and charming Victorian style lighting and a particular feature is the easy access onto Darley Abbey Park and the city centre.
In our opinion when minor improvements have been completed the property is likely to rent at in excess of £500 per calendar month (£6,000 per annum). This will represent a 9.2% return based on the guide price. It is also of interest to prospective buyers that the property is offered with the freehold.
The location is exceedingly sought after by first time buyers, young professional couples and landlords.
With glazed window overlooking the recreational park, door to front, moulded covering to ceiling with Delph rail and central heating radiator.
With useful understair storage cupboard and louvre doors.
With double glazed window, picture rail, central heating radiator.
Consisting of a walk-in shower cubicle with shower unit over, low level wc, wall mounted wash hand basin, tiling to walls, extractor fan and central heating radiator.
With uPVC double glazed window to the rear elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, sink and drainer with splashback tiling and central heating radiator.
Located off from the kitchen is a charming and easy to manage garden with an adjoining brick built outbuilding with plumbing for automatic washing machine and located to the rear of the garden there is a full width brick built outbuilding with pitched tiled roof. This outbuilding could provide a number of uses or conversion subject to the usual planning consents.
Vacant.
Freehold.
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.
