1 bedroom Studio flat in Derby

82 Keldholme Lane, Alvaston, Derby DE24 0RY
  • Lot No: 5
  • Property Type: Studio flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £32,000+ plus fees

Result Sold After Auction

Property Description

Occupying an established residential location is a well equipped one bedroomed ground floor studio flat currently let on an Assured Shorthold Tenancy producing £400 per calendar month (£4,800 per annum). This represents a 15% return based on the current guide price. The property is situated within walking distance of local shops and is always a popular choice with first time buyers, landlords and investors. The property is thought suitable as a Buy-to-Let investment opportunity subject to any restrictions contained within the lease. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground Floor:

Lounge/bedroom, fitted kitchen, dressing area and shower room.


Outside:

Communal grounds and allocated parking space.


Tenure and Lease Information:

Length of Lease: 120 years from 29 September 1981 Ground Rent: £20 subject to review and additional rents. Service Charge: See Legal Pack


Please Note:

Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is an employee of SDL Property Auctions. If you have any queries regarding this, please contact us for further 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 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 26th May 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

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

Map

82 Keldholme Lane, Alvaston, Derby DE24 0RY