fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Flat 3, Derby Riverside, 7 Stuart Street, Derby DE1 2EB

Lot no: 67 Auction Event
 

Guide Price £137,500+ 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 27th February 2025

9.00am
Key Features
  • Council Tax Band: C
  • Stylish and appealing two double bedroomed first floor apartment
  • Added benefit of a full width balcony ideal for entertaining
  • Master bedroom with fitted wardrobes and luxury en-suite shower room
  • Views of the River Derwent and Derby Cathedral
  • Large open living kitchen lounge with built-in-appliances
  • Offered for sale with immediate vacant possession
  • EPC Rating: D
Add to favourites

Flat

Property Description:

Offered for sale at a very attractive guide price and with immediate vacant possession, is a luxury, purpose built and spacious, two double bedroomed first floor apartment with the unusual and added benefit of a full width balcony, enjoying views of the River Derwent and Derby Cathedral.

Internally the thoughtfully designed and well-equipped living accommodation comprises of communal ground floor entrance with lift and stairs. The stylish apartment has an impressive entrance hall with useful storage space, a large open plan living kitchen lounge with a comprehensive range of built-in-appliances. Further more there is a delightful master bedroom with a range of fitted wardrobes, en-suite shower room, double bedroom and bathroom with three piece suite suite in white with shower over.

Outside there is an electric gated entrance with parking within the secure site.

The property is situated literally yards away from Derby city centre, where there is an abundance of bars, restaurants, shops and further attractions.

Communal Entrance

The property is located to the first floor. The reception area has both a lift and stairs.

Hallway

Having doors leading to -

Lounge/Kitchen/Diner 22ft 8 x 15ft 4 (6.92m x 4.68m)

Having two windows to the rear elevator and door leading out to the balcony. The kitchen area has a range of base and wall units with work surfaces over, an oven and hob with extractor fan, integral dish washer and radiators.

Utility Area 3ft 2 x 6ft 8 (0.99m x 2.04m)

Having plumbing for washing machine and dryer.

Bedroom One 15ft 1 x 11ft 8 (4.62m x 3.58m)

Having door leading onto the balcony and two windows to the rear elevation. Also having door leading to the ensuite.

Ensuite 16ft 2 x 7ft 9 (4.94m x 2.37m)

Comprising a wash hand basin, WC and freestanding shower.

Bedroom Two 17ft 1 x 11ft 8 (5.22m x 3.57m)

Having a window to the rear elevation, built in wardrobes and electric radiator.

Family Bathroom 6ft 4 x 7ft 4 (1.94m x 2.25m)

Comprising a bath with over hanging shower, wash hand basin and WC. Also with electric radiator.

Balcony

To the rear of the property there is a balcony which overlooks the river and silk mill.

Outside

Outside the property has gated parking and pedestrian access.

Leasehold Information

999 years from 1 January 2004. We are informed by the seller that the ground rent is £350 per annum. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Building Construction

Cavity wall, as built, insulated (assumed) - Information taken from EPC.

Broadband (estimated speeds)

Standard 12 mbps and Ultrafast 1000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky and BT show as available in this location.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£350

Unexpired Years

968


Parking Arrangements

Allocated



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.
Virtual Viewing