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Former Methodist Chapel, 16 Chapel Street , Kilburn , Belper, Derbyshire DE56 0NR

Auction Event
 

Guide Price £200,000+ 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 30th January 2025

9.00am
Key Features
  • Former Methodist Church
  • Planning Permission For 13 Flats
  • Popular Village Location
  • Excellent Investment Opportunity
  • Ideal Build To Rent
  • 11x One Beds and 2x Two Beds
  • Estimated Rental Value £90,000 per annum.
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Residential Development

Property Description:

A former Methodist Chapel with planning permission to convert to 13 Self contained apartments.

A rare opportunity to redevelop this charming period property it a superb range of 1 and 2 bedroom apartment over 3 floor.

Planning permission granted in September 2024 Ref- AVA/2023/0493. Further information and drawings are available on Amber Valley Council Website.

The site will comprise 11x One bedroom flats, 2x Two bedroom flats along with amenity/ garden space, bin store and bike racks.

Well placed in the popular village of Kilburn which gives excellent access to the A38 and therefore Derby, Belper and Duffield are all close by.

An ideal build to rent with estimated rental income circa £90,000 per annum once converted.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply


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 1.2% 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.