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18 Leyland Gardens, Derby DE1 3PN

Lot no: 24 Available for £73,000
 

Guide Price £68,000+ plus fees

UnconditionalOn 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 21st November 2024

9.00am
Key Features
  • A one bedroomed ground floor maisonette
  • Let at £600 per calendar month representing a 16% yield on guide price
  • Walking distance to the town centre
  • Parking and garden
  • Large lounge
  • Double bedroom
  • Modern kitchen and bathroom
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Available for £73,000

Flat

Property Description:

A ground floor maisonette within walking distance to Derby City Centre, benefiting from a tenant in-situ paying £600 per calendar month, representing an attractive yield of 16% against the guide price.

The property comprises entrance hallway, double bedroom, large lounge, kitchen, family bathroom and two storage rooms. Externally there is a parking space and garden.

Leyland Gardens is within easy access of a full range of amenities in Derby City Centre including the Derbion Shopping Centre, a selection of restaurants, cafes and bars in and around Sadler Gate and Irongate.

Lounge - 4.5m x 3.1m
Kitchen - 3.3m x 2.3m
Bedroom - 3.6m x 2.9m
Bathroom - 2.6m x 1.7m
Building Construction

Cavity wall, filled cavity - Information taken from EPC.

Broadband

Standard 13 mbps, Superfast 80 mbps and Ultrafast 1000 mbps are available in this location

Mobile Signal

EE, O2, Vodaphone and Three are available in this location.

Satellite and Cable TV Availability

Sky, Virgin and BT are available in this location.

Flood Risk

Surface Water - Very Low.

Leasehold Information

125 years from 14 July 2003. 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. Subject to tenancy.

Unexpired Years

104


Utilities Information
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
  • Broadband: Cable
Parking Arrangements

Residents, No Permit



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 2.4% of the purchase price (subject to a minimum 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.