Block of Apartments
DRAFT DETAILS - AWAITING APPROVAL
A unique and rare opportunity to acquire a particularly attractive stone built detached property with a rendered facade, enjoying spectacular countryside views situated in a delightful semi rural location yet conveniently positioned for the historic market town of Alfreton, the A38 and M1 Motorway.
The property has been skilfully converted into two, one bedroomed self contained apartments being part let, part vacant. Currently the ground floor apartment is let on Assured Shorthold Tenancy producing £440 per calendar month (£5,280 per annum). In our opinion there is scope for significant rental increase and we would estimate a potential combined rental income in the region of £14,000 per annum. Alternatively the property could be run as a holiday let cottage subject to the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
Outside to the rear of the property there is parking for two vehicles and a small garden.
Excellent buy-to-let investment opportunity.
Comprising -
With double glazed windows to the front and rear elevations and door leading out onto the garden. The fitted kitchen comprises a range of all mounted cupboards with base units, L-shaped preparation surface with stainless steel sink and drainer, mixer tap and splashback tiling. There is a cooker point, plumbing for washing machine, extractor fan and two wall mounted electric panel heaters.
Please note this is an irregular shaped room. With double glazed window and electric panel heater.
With double glazed window to rear elevation and comprising a shower cubicle with low level wc, wash hand basin and tiling to walls.
The apartment is let on an Assured Shorthold Tenancy at £440 per calendar month (£5,280 per annum).
Approached via an external stone staircase leading to the entrance door.
With double glazed window to the front elevation and enjoying far reaching countryside views. A recently fitted shaker style kitchen in white units comprises a range of wall mounted cupboards with matching base units, L-shaped preparation surface with stainless steel sink and drainer, mixer tap and splashback tiling. There is a stainless steel built-in oven with hob and cooker hood over. There is also loft access and exposed beam.
With double glazed window to front elevation, fitted wardrobe and exposed truss.
Comprising a roof light with shower cubicle, low level wc, wash hand basin, laddered heater towel rail and tiling to walls.
This apartment is being sold with vacant possession.
To the rear there is parking for two cars and a small garden.
Freehold. Part let/part vacant.
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
