Apartment
A two bedroomed apartment located within Derby city centre, surrounded by amenities and services including shops, transport links and a selection of pubs, bars and eateries. A number of sports and leisure facilities can be found nearby and there are outdoor spaces within easy reach. The building has four service lifts and the property itself benefits from electric heating, double glazing and has views over the city.
Please be advised that 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.
250 years from 1 December 2016. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Room heaters, electric (taken from EPC)
Standard 20 mbps and Ultrafast 1000 mbps are available in this location
EE, O2, Vodaphone and Three are available in this location.
Sky and BT are available in this location.
These sales details are awaiting vendor approval.
Leasehold. See legal pack.
£250
242
- Heating Supply: Electric, Double Glazing
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
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.
