Block of Apartments
DRAFT DETAILS. Awaiting approval.
A block of 6 self contained flats let at £30,948 per annum.
A substantial property converted into 6, self contained, studio flats.
Offered fully let with an income of £30,948 per annum. The landlord pays for water and Internet and the tenants pay the rest of the utility bills.
Well situated along Uttoxeter New Road which offers excellent rental opportunities due to the proximity of Derby University and Derby Hospital.
A superb investment with income from day one and a great rental history.
Flat One - Let at £420 pcm
Flat Two - Let at £430pcm
Flat Three - Let at £435 pcm
Flat Four - Let at £430 pcm
Flat Five- Let at £435 pcm
Flat Six - Let at £429 pcm
Loft space with possible potential for conversion, subject to permissions.
Parking to the front and enclosed rear gardens.
Freehold. Subject to tenancy.
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 (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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
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.
