1 bedroom Flat in Derby

21 Brindley Court, Wilkins Drive, Allenton, Derby DE24 8YR
  • Lot No: 138
  • Property Type: Flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £32,500+ plus fees

Result Sold Prior to Auction

Property Description

***13.8% RETURN BASED ON THE GUIDE PRICE*** Representing excellent value, is a well maintained, purpose built one bedroom first floor flat, situated within a short commute of the city centre and Pride Park. The property is currently let on assured shorthold tenancy agreement on a rolling agreement, currently producing £375 per calendar per month (£4,500 per annum) and offers scope for significant scope for potential rental increase. Please note the auctioneers have not inspected the property and we believe the accommodation to consist of; a communal entrance hall with staircase, entrance hall, fitted kitchen, 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.

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 05th September 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

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