Apartment
DRAFT DETAILS. Awaiting approval.
An apartment in a purpose built block.
A superb ground floor studio apartment situated in a popular and convenient location in a quiet cul de sac setting.
The property is well situated for Alvaston and its amenities including shops, schools and transport links together with excellent road links for the A50 leading to the M1 motorway and Nottingham East Midlands Airport.
This property would make an excellent buy to let investment with estimated rental value around £500 pcm / £6000 per annum.
Access doors to the front and rear of the building, door leading to the property entrance, with this ground floor apartment located on the rear elevation of the block on the ground floor.
Having electric storage heater, window to the rear, bedroom area and doors lead off.
Having a single drainer stainless steel sink unit with work surfaces and having base units and electric cooker point, plumbing and space for washing machine, space for fridge, window to the rear.
With wash hand basin, storage cupboard and obscure window to the side and door to the bath area with low flush WC, obscure window to the side.
There is a parking space to the front and communal gardens to the rear with bin store.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
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 Variable 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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.
