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148 Barley Close, Little Eaton, Erewash, Derby, Derbyshire DE21 5EF

Lot no: 102 Re-entry to a future auction for £73,000
 

Guide Price £75,000+ 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 23rd February 2023

10.00am
Key Features
  • First Floor, Two Bedroomed Apartment
  • No Upward Chain
  • Village Location
  • Communal Parking and Secure Building Entry
  • EPC Rating - C
  • Council Tax Band - A
  • Leasehold
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Re-entry to a future auction for £73,000

Flat

Property Description:

An excellent opportunity arises for a first time buyer or investor to purchase this first floor, two bedroomed apartment located in the sought-after village of Little Eaton and being within the catchment areas for the well-regarded Little Eaton Primary School and The Ecclesbourne Secondary School in Duffield.

Brought to the market with no upward chain, the property benefits from uPVC double
glazing, gas central heating (new Glow-worm combination boiler installed May 2022),
communal parking and secure building entry.

In brief, the accommodation comprises: Entrance hallway with two storage
cupboards; spacious lounge; modern fitted kitchen (the fridge/freezer, automatic
washing machine, oven and hob are all included in the sale); two good sized
bedrooms; shower room having a three-piece suite.

Outside is a communal car park, bin store and a secure building entry system.
Barley Close is conveniently located close to the centre of the village, local shops,
amenities and public transport routes leading into Derby City Centre, together with
excellent road links including the A38 and A52 road networks.
This property must be viewed internally to fully appreciate the size, standard and
location of the accommodation on offer.

Hallway:
Lounge: 16ft 7 x 11ft 5 (5.05m x 3.48m)
Kitchen: 12ft 2 x 7ft 9 (3.71m x 2.36m)
Bedroom One: 11ft 8 max x 9ft 7 (3.55m x 2.92m)
Bedroom Two: 9ft 7 x 7ft 7 (2.92m x 2.31m)
Shower Room: 6ft 4 x 5ft 8 (1.93m x 1.73m)
Lease Information:

The property is held on a 125-year lease with 85 years remaining as of May 2022.
Annual Service Charge: £1,827.48
Annual Ground Rent: £100.00
Managing Agents: Derwent Living

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Vacant possession upon completion.



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.