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111 Slack Lane, Derby , DE22 3FN

Lot no: 9.0 Sold at Auction for £60,000
 

Guide Price £59,000 plus fees


Tuesday 21st July 2015

12.00am
Key Features
Purpose built in 2004, an opportunity to acquire a well located one bedroomed ground floor apartment in a handy but secluded location.
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Sold at Auction for £60,000

Flat / Apartment

Property Description

FOR SALE BY AUCTION: TUESDAY 21ST JULY 2015

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

Purpose built in 2004, an opportunity to acquire a well located one bedroomed ground floor apartment in a handy but secluded location.

Slack Lane is about a mile from the City centre located off Uttoxeter Old Road.  There are local buses, shops and other facilities.

In more detail the accommodation comprises

Communal Entrance Hall

With secure door entry system

Inner Hall

With fire doors leading to the flat.

Entrance Hall

With central heating radiator, telephone entry system and smoke alarm.

Lounge

With central heating radiator, telephone and television points.

Well Equipped Kitchen

Having a range of work surfaces with base and wall cupboard unit, one and a half bowl sink, built in electric oven and four ring gas hob, extractor fan, plumbing for washing machine, space for fridge freezer, tiled floor and part tiled walls.

Double Bedroom

With central heating radiator and telephone point.

Bathroom

With modern three piece suite comprising panelled bath with shower fitting above, low level wc and pedestal wash basin, tiled floor and part tiled walls, central heating radiator and extractor fan.

Outside

Communal block paved parking with allocated parking space.

Directions

Leave the City centre along Friar Gate.  At the end of Friar Gate by the traffic lights turn left into Uttoxeter Old Road.  Continue for some 400 yards to the brow and turn right onto Slack Lane. The property will be found on the left hand side set back from the road behind the car parking area.

Vendors Solicitors/Licensed Conveyancers

Tenure

Leasehold 99 years from 2004.  We are given to understand that the ground rent is £20 per annum and that the average service charge level is £50 per calendar month. Vacant possession on completion.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of all property is subject to a buyers fee of £750 (inc VAT).

*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Well presented one bedroomed ground floor apartment

Feature 2

Gas centrally heated, double glazed well equipped accommodation

Feature 3

Communal parking with allocated space

Feature 4

Ideal investment opportunity, handy for City centre

Feature 5

EPC Rating : C

Tenure: