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Flat 8, Stonyhurst Court, Sinfin Avenue, Shelton Lock, Derby DE24 9JZ

Lot no: 2 Sold at Auction for £25,000
 

Guide Price £25,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 25th May 2023

10.00am
Key Features
  • Two bedroom first floor purpose built maisonette
  • UPVC double glazed and gas centrally heated
  • Modern fitted kitchen and bathroom
  • Well maintained living accommodation
  • Quiet and popular cul-de-sac location
  • Very attractively priced 70% shared ownership property
  • Offered for sale with immediate vacant possession
  • Excellent residential investment opportunity
  • EPC Rating: D
  • Council Tax Band: A
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Sold at Auction for £25,000

Maisonette

Property Description:

EXCELLENT RESIDENTIAL INVESTMENT OPPORTUNITY

Occupying a quiet cul-de-sac location is an attractively priced, purpose built two bedroom first floor maisonette (70% shared ownership) offered for sale with immediate vacant possession. Occupier is to be over 55 years in accordance with the Lease.

Internally the well maintained living accommodation has the benefit of being uPVC double glazed, gas centrally heated and in brief comprises ground floor entrance with staircase leading to the first floor landing, refitted kitchen with built in appliances, inner lobby, lounge through diner, two bedrooms and bathroom with suite in white with shower. Outside there are well kept communal grounds with an allocated parking space.

The property enjoys a well regarded suburb location in Derby with excellent road network connections and with nearby shops.

Ground Floor Entrance

With staircase leading to -

First Floor Landing

Giving access to -

Lounge Through Diner

13ft 9 x 9ft 10

Refitted Kitchen

11ft x 6ft 3

Inner Lobby

7ft x 4ft 8

Bedroom One

14ft 5 x 9ft 7

Bedroom Two

10ft x 6ft

Bathroom

7ft x 5ft 7

Outside

There are well kept communal grounds with an allocated parking space.

Tenure: Leasehold (70% shared ownership)

We are informed by the seller there are approximately 93 years remaining on the lease. Please seek verification from the legal pack. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.




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.
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