Block of Apartments
A newly developed block of four x one bedroom apartments located along Holcombe Street.
The property comprises a brick built two story apartment building with two apartments to the ground floor and two to the first floor. All apartments have been let on AST tenancies commencing April 2025 at a rent passing of £650 pcm per apartment, giving a total gross annual income of £31,200 per annum.
Holcombe Street is ideally situated for shops, schools and Derby City Centre. There is good access to all major roads, the motorway network, East Midlands Airport, the Royal Derby Hospital, Alstom and Rolls-Royce.
Interested parties are advised to inspect the legal pack form more information.
Rivers and Seas Very low. Surface Water High.
O2, EE, Three and Vodafone are available.
Standard 8 mbps. Superfast 60 mbps. Ultrafast 1800 mbps.
BT and Sky are available.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
- Heating Supply: Double Glazing, Electric
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 3.6 % of the purchase price 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).
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.
