Studio flat
A studio apartment situated in the highly desirable village of Burbage.
Within an easy reach of the village centre which houses a host of bars, restaurants and shops and a lovely park.
Benefitting from double glazing, electric heating and residents parking.
A great first time buy or excellent buy to let investment with estimated rental value of £500 pcm / £6000 per annum.
A great addition to any rental portfolio with a potential yield over 10%, based on the guide price.
Large residents car park to the rear along with bin store and gardens.
99 years beginning on and including 7 October 2015. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
O2, EE, Three and Vodafone are available in this location.
BT and Sky are available in this location.
Standard 5 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.
Cavity wall, as built, insulated (assumed). Information taken from EPC.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
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- Heating Supply: Double Glazing, Electric
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Residents
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.
