Apartment
Offered for sale with immediate vacant possession, is a stylish and appealing purpose built, one double bedroom ground floor apartment with its own separate outside access (via patio doors), located in the heart of the city centre close to the fashionable Friar Gate area of Derby.
Internally the immaculately presented apartment has the benefit of being uPVC double glazed and gas centrally heated and in brief comprises; communal entrance hall, entrance hallway with built-in-cupboard, lounge through diner with patio doors leading out onto the landscaped communal grounds and a kitchen with a comprehensive range of built-in-appliances. Furthermore there is a good sized double bedroom with built-in-wardrobes, well appointed bathroom with three piece suite in white with shower. Outside there are electric gates with communal parking.
The property is situated adjacent to the former Full St Police station within close proximity to the River Derwent along with nearby walks.
Excellent BTL residential investment opportunity.
15ft 5 x 11ft 5
7ft 11 x 6ft
12ft 7 x 9ft 7
5ft 10 x 6ft 7
Term : 150 years from 1 December 2015
Flood Risk Very High
We have been informed the charges are the following: Service charge £3368.52 Per annum. Ground rent £250.00 Per annum.
Leasehold. Vacant possession upon completion.
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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. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 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.
