Apartment
An excellent opportunity to acquire a well presented fifth floor apartment with a garage, situated in the sought after Kedleston Court and offered for sale with no upward chain.
The property has the benefit of uPVC double glazing, stunning views overlooking Allestree, communal car parking together with a garage situated within the block.
There is a communal entrance hall with intercom and lift or stairs leading to the different levels, and the accommodation briefly comprises of entrance hall with useful storage cupboard, good sized lounge with stunning viewings overlooking Allestree, refitted fitted kitchen with a range of units, a double bedroom with patio door leading onto the balcony and a modern fitted bathroom.
We are informed that the property is held on a 199-year lease from 1987 with 184 years remaining as of June 2022. The service charge for this year (2023) due to upgrades to the apartment block is £1268.50 January 2023 (already paid by vendor), with another payment due in July 2023 of approx £1250. It is recommended to have this information verified by your solicitor at the earliest opportunity. Please see the legal pack for further information, budget and cost breakdowns. Ground Rent: £20.00 per annum Managing Agents: HLM Property Management Freeholder: Waterglen Limited
Kedleston Court is situated within easy access of the Park Farm Shopping Centre and all the amenities therein, together with public transport routes, local schools, Derby University, local parks including Markeaton Park and useful road links via the A52, A6, A38 and A50 networks.
With stairs and lift.
L-shaped 9ft 6 x 4ft 9
13ft 7 x 11ft
13ft 8 x 6ft 5
10ft x 9ft 5 with access to balcony.
6ft 3 x 5ft 4
There are communal grounds with parking and a garage with up and over door.
We are advised that the property is held on a 199-year lease from 1987 with 184 years remaining as of June 2022. The service charge for this year (2023) due to upgrades to the apartment block is £1268.50 January 2023 (already paid by vendor), with another payment due in July 2023 of approx £1250. Prospective buyers are advised to make any necessary independent enquiries before placing their bid, as this will be binding. Please see the legal pack for further information, budget and cost breakdowns. Ground Rent: £20.00 per annum Managing Agents: HLM Property Management Freeholder: Waterglen Limited
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Leasehold. Vacant possession upon completion.
163
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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 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.
