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Area stats2 bedroom flat for sale
Key information
Features and description
- Auction Property Starting Bid £120,000
- En-Suite Master Bedroom
- Allocated Secure Parking
- Mezzanine Reception Room/Optional Bedroom
- Two Bedrooms Duplex Apartment
- Well located for the A52/A38
Ideally located for Derby City Centre, both the train and Bus station and the A38 and A52 road links and various campuses of the University of Derby
This spacious 2-bedroom, 2 reception room, second floor apartment benefits from being in a secure building with elevators to all floors and secure car park with one allocated space.
Arranged over two floors, featuring an open plan lounge/ dining area along with a versatile additional mezzanine living space that can be used for a study area or potentially converted into a third bedroom with minimal renovation works.
The kitchen has been fitted to a high standard and features a range of wall and base units, roll top work surface, integrated oven, hob and extractor, dishwasher and fridge freezer
The first-floor accommodation comprises of the master En-suite bedroom with shower, WC and wash basin, the second bedroom, family bathroom and addition storage.
The property is being sold with vacant possession, offering an ideal home for city living or perfect as an investment opportunity
We have been advised that there is currently ongoing discussions surrounding the management company of the building. The roof is currently leaking - while this has not caused any damage to this apartment the cost to repair could fall upon the individual leaseholders split accordingly.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer.
EPC rating: B. Tenure: Leasehold,
Council Tax Band: C
Tenure: Leasehold
Length of Lease: 102
Annual Ground Rent Amount: £100.00
Annual Service Charge Amount: £3,444.00
Rooms
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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