1 bedroom Ground floor flat in Nottingham

2D Derby Road, Sandiacre, Nottingham NG10 5HS
  • Lot No: 100
  • Property Type: Ground floor flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £52,000+ plus fees

Result Sold Prior to Auction

Property Description

This property on Derby Road would make an ideal purchase for any investor/ landlords. Being sold with Tenant in situ on a 6 months Assured Shorthold Tenancy at £550 per calendar month. The property is situated close to a range of local amenities such as shops, boutiques, pubs and restaurants. Public transport is well catered for by regular bus service in to both Nottingham and Derby, while commuter access to both the A52 and M1 takes approximately five minutes. The property comprises:

Lounge / Kitchen

17ft x 16.1ft - Range of matching wall and base units, roll edge worksurfaces, stainless sink and drainer with mixer tap. Built in electric oven, ceramic hob and extractor. Space and plumbing for washing machine and fridge freezer. Build in storage cupboard and radiator. UPVC double glazed window and door to the front elevation.


Bedroom

12ft x 11.2ft - UPVC double glazed window to the front elevation and radiator.


Bathroom

8.4ft x 5.6ft - Modern bathroom suite comprising


Tenure:

Leasehold- we have been informed there is a 999 year lease with a current ground rent and maintenance charge of £270.50 per quarter. This includes the following items: Gas (boiler cover, which is centrally located and shared with the other flats) Electricity (shared meter) Building insurance, repairs and maintenance Communal area cleaning Window cleaning Please see legal pack for further details.


Tenancy Details:

The property is let out from 1st July 2021 on an Assured Shorthold Tenancy for 6 months at £550 per calendar month.


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.