Flat
DRAFT DETAILS AWAITING VENDOR APPROVAL. An excellent investment opportunity to acquire a high yield seventh floor one double bedroomed flat currently let on an AST producing £450 per calendar month (£5,400 per annum).
There is a ground floor communal entrance hallway with lifts and the apartment itself consists of a entrance hallway with intercom system, lounge with breath-taking views across Derby, well equipped fitted kitchen with built in appliances and feature balcony. There is also a bathroom with three piece suite in white with shower. Outside there are communal grounds.
Rivermead House is located within literally yards of the popular Darley Abbey Park and the city centre.
With intercom system, lift and staircase to relevant floors.
Comprises -
With intercom system, laminate floor covering, two useful built in storage cupboards.
With sealed unit double glazed window in uPVC frame which enjoys far reaching views across Derby, wall mounted electric fire and laminate floor covering.
The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprise a stainless steel electric oven with hob and built in cooker over, plumbing for washing machine and space for fridge freezer. Please note - there is a feature balcony located off from the kitchen which enjoys far reaching views across Derby.
With sealed unit double glazed window in uPVC frame enjoying far reaching views across Derby, floor-to-ceiling fitted wardrobes providing shelving and hanging space and wall mounted electric heater.
Fitted with a modern three piece suite in white comprising a wood panelled bath with shower unit over and shower rail, low level wc, pedestal wash hand basin, complementary tiling to the walls.
There are communal grounds.
Leasehold.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
