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18 Windsor Court, Sandiacre, Erewash, Nottingham, Nottinghamshire NG10 5PH

Lot no: 47 Sold Prior to Auction
 

Guide Price £45,000+ 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.

Tuesday 20th December 2022

10.00am
Key Features
  • First Floor Maisonette
  • One Double Bedroom
  • Situated in a small cul de sac
  • 51 years remaining on the lease
  • EPC Rating: C
  • Council Tax Band: A
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Sold Prior to Auction

Maisonette

Property Description:

DRAFT DETAILS. Awaiting approval.


A one double bedroom first floor maisonette.

Situated in a small cul de sac of similar maisonettes and town houses in this popular and established residential location within Sandiacre. Conveniently placed just a short drive to the A52 and Junction 25 of the M1 motorway for further afield.

This well presented property comes to the market with a ready to move into condition with features including gas fired central heating served from a modern combination boiler and partial double glazing.

The accommodation comprises : entrance hall with stairs leading to the first floor landing, walk-in storage cupboard, access to the living room with kitchen off, double bedroom and shower room/WC.

The property is Leasehold on a 99 year lease from January 1975 with 51 years remaining. Due to this, cash buyers are preferable and therefore this could make a fantastic buy to let investment.

Note

Length of lease: 99 year lease from January 1975 with 51 years remaining
Current ground rent: TBC
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.

Ground Rent

£31

Unexpired Years

51



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 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.