2 bedroom Apartment in Derby

1 Bishops Green, St. Swithins Close, Derby DE22 3FX
  • Lot No: 122
  • Property Type: Apartment
  • Contract Type: Unconditional with Variable Fee

Guide Price* £85,000+ plus fees

Result Sold Prior to Auction

Property Description

DRAFT DETAILS A well presented two bedroomed ground floor apartment, ideal for buy to let investors or first time buyers. Located close to local amenities within Derby, regular bus routes, the Royal Derby Hospital and Derby city centre, the property benefits from uPVC double glazing, gas central heating and is brought to the market with no upward chain. The accommodation briefly comprises; Entrance hallway, spacious living area with modern fitted kitchen, one double bedroom with master en-suite shower room and fitted wardrobes, one further good sized bedroom with fitted bedroom furniture and modern family bathroom. The property benefits from a secure gated entrance and one allocated parking space. An internal viewing is highly recommended. Additional Information: Length of Lease - 125 years. 109 years remaining. Ground rent managed by HML Property Management. Annual Service Charge - £960.00 (Paid monthly including ground rent at £80). Prospective buyers are advised to check the legal documents to clarify this information.

Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). 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 auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s 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.

Auction Details

Date 31st March 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

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Map

1 Bishops Green, St. Swithins Close, Derby DE22 3FX