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64 Wildhay Brook, Hilton, Derby DE65 5NU

Lot no: 139 Sold Prior to Auction
 

Guide Price £50,000 plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th August 2022

10.00am
Key Features
  • Ground Floor Apartment
  • Open Plan Lounge Kitchen
  • Double Bedroom
  • Off Road Parking
  • EPC Rating: C
  • Council Tax Band: A
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Sold Prior to Auction

Apartment

Property Description:

DRAFT DETAILS AWAITING VENDOR APPROVAL

A lovely one double bedroom, ground floor apartment located in the ever-popular village of Hilton. Offering off road parking, and no onward chain.

This wonderful one-bedroom ground floor apartment comes to the market with no onward chain. The property would suit a first time buyer looking to get their foot on the property ladder. The property comprises of one double bedroom with built-in wardrobe, lounge area that is open plan to the kitchen area, and a shower room as well as off-road parking. Hilton is an ideal location for those who commute due to the great road networks on offer such as A50 & A38, as well as being easily commutable to East Midland Airport. The village itself offers a variety of independent shops and restaurants, as well as being a great location for those who love the outdoors due to its beautiful open countryside.

Leasehold

Length of lease: 125 years from 1st January 2006
Current ground rent: £65 per year
Ground rent review period: TBC
Current service charge: TBC
Service charge review period: TBC

This information should be clarified in the legal pack and we’ll update the information above when we receive it.

Tenure:

Leasehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


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.