Terraced House
A three/four bedroomed student property benefitting from two bathrooms, gas central heating and uPVC double glazing. The property is let on an Assured Shorthold Tenancy producing £700 per calendar month (£8,400 per annum).
Arundel Street is a popular location close to the city centre of Derby which has a wealth of bars, restaurants and the shopping centre within walking distance. Derby University is located approximately 1.3 miles away and the ring road gives onward travel to the A50, A52 and the M1 corridor.
Room, Kitchen, Bathroom with WC
Three rooms, shower room.
Rear yard.
Water - Mains. Drainage - Mains. Gas - Mains. Electricity - Mains
Gas central heating.
Brick
Standard, Superfast and Ultrafast are available in this location.
EE, O2, Vodaphone and Three are available in this location for Voice and Data.
Sky, Virgin and BT are available in this location.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
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.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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).
Please Note:
Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is related to an employee of SDL Auctions. If you have any queries regarding this, please contact us for further information.
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.
