Studio flat
A well presented studio apartment set in a well maintained block. The property benefits from gas central heating and double glazing.
Being sold with vacant possession, the property was let on an AST until recently at a rental income of £550 per calendar month.
The property is entered via secure communal doors with key code, entry to the apartment shows the bright living/bedroom space, modern kitchen and well sized bathroom. Externally is a car park.
Situated in the village of Woodville, the village is popular with families and professionals alike - with excellent links to the local motorway network and all the benefits of being located in the National Forest. Local amenities are available just a short walk away, whilst Swadlincote town centre is just a short car journey away.
We are informed by the seller -
Service charge - £2,781 per annum (includes Gas and Hot water)
Ground rent - £50 per annum
Interested parties are advised to inspect the legal documents and to make all necessary independent enquiries prior to placing their bid as this will be binding.
11ft 9 x 18ft 4 (3.6m x 5.6m)
8ft 9 x 5ft 5 (2.67m x 1.66m)
5ft 9 x 5ft 1 (1.77m x 1.55m)
Car parking available at the front.
125 years from 1 January 2006. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Buyers are referred to the additional high fees payable on completion as set out within the special conditions of sale. These are additional to the sums specified in the paragraph ‘Auction Deposit and Fees’ set out in our marketing.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
£50
105
£2,781
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Allocated, Off 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 and 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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum 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).
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.
