3 bedroom Flat in Derby

Apartment 10, Keepers Gate, 2 Nightingale Road, Derby DE24 8AR
  • Lot No: 43
  • Property Type: Flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £75,000+ plus fees

Result Sold After Auction

Property Description

**UNDER NEW MANAGEMENT** A potential high yield buy to let investment opportunity to acquire a purpose built three bedroom first floor apartment located within easy reach of Pride Park and the city centre. The apartment is currently let on an assured shorthold tenancy agreement producing £575 per calendar month (£6,900per annum) and offers scope for significant rental increase. Internally, the double glazed living accommodation consists of communal ground floor entrance hall with staircase, passaged entrance hall, spacious open plan living lounge kitchen, three bedrooms and bathroom. Outside, there is communal parking with an allocated parking space. Nearby employers include Rolls Royce and Alstom(formerly known as Bombardier).

Passaged entrance hall

16ft 9 x 10ft 1 (irregular shaped room)


Open plan living lounge kitchen

20ft x 13ft 2


Bedroom one

13ft 5 x 15ft 9 (irregular shaped room)


Bedroom two

111ft 7 x 9ft 4


Bedroom three

9ft 9 max x 6ft 10


Bathroom

8ft 6 x 6ft 7


Outside

We are informed by the seller there is an allocated parking allocated to the property.


Leasehold Information TBC

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


Note

We have been advised property is under new management. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


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.