1 bedroom Flat in Derby

29 Brindley Court, Wilkins Drive, Allenton, Derby DE24 8YR
  • Lot No: 31
  • Property Type: Flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £32,500+ plus fees

Result Sold at Auction £35,500

Property Description

***14% RETURN BASED ON THE GUIDE PRICE*** Representing excellent value, is a well presented and maintained, purpose built one bedroom first floor flat, situated within a short commute of the city centre. The property is currently let to a DSS tenant at £390 per calendar per month (£4,680 per annum) and offers scope for significant scope for potential rental increase. Interestingly we are informed by the seller, the service charge and ground rent has been paid for the year by the local authority, however we cannot guarantee this agreement will transfer onto the new owner. Accessed via a communal entrance hall, the uPVC double glazed living accommodation consist of, entrance hall, fitted kitchen, modern fitted shower room, lounge with far reaching views and opening through to a well proportioned bedroom. The property is situated in the context of an established residential location, always a popular choice with first time buyers, landlords and local/national investors.

First floor entrance hall

5ft x 3ft 2max


Kitchen

8ft 1 max x 6ft


Lounge / Diner

17ft 5 x 9ft 10


Bedroom

11ft x 7ft 4


Outside

There are well kept communal grounds with parking.


Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.


Please Note:

We have been informed by the seller the property has been fitted with new eco heaters approximately one year ago.


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 Fixed Fee. 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 fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT 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 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 25th May 2023

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

29 Brindley Court, Wilkins Drive, Allenton, Derby DE24 8YR