Block of Apartments in Derby

Flats 1-5, 164 -168 Harrington Street, Pear Tree, Derby DE23 8PA
  • Lot No: 92
  • Property Type: Block of Apartments
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £250,000+ plus fees

Result Sold Prior to Auction

Property Description

A fantastic block of 5 apartments all fully let. The block comprises of four 1 bedroom apartments and one 2 bedroom apartment. There is communal garden area, storage and entrance hallway. Flat 1 - £6,000 PA Flat 2 - £6,000 PA Flat 3 - £6,600 PA Flat 4 - £7,200 PA Flat 5 - £6,000 PA £31,800 - total rent Per Annum. Located in a very popular residential area with excellent local amenities, business and transport links.

Flat 1 - £6,000 per annum

Ground floor - One double bedroom, large lounge, shower room and kitchen with access to courtyard.


Flat 2 - £6,000 per annum

Ground floor - One double bedroom, large lounge, shower room and kitchen with access to courtyard.


Flat 3 - £6,600 per annum

First floor - One double bedroom, large lounge, shower room and kitchen.


Flat 4 - £7,200 per annum

First floor - Two double bedrooms, bathroom, large lounge and kitchen.


Flat 5 - £6,000 per annum

Second floor - One double bedroom, large lounge, shower room and kitchen.


Draft Sales Details

These sales details are awaiting vendor approval.


Land Tax Relief

We believe that this property may be of a type that qualifies for Stamp Duty Land Tax/Land and Buildings Transaction Tax/Land Transaction Tax relief (as applicable). We work with a tax consultancy who can provide expert tax advice in this regard. Free consultations are available. You will only be charged a fee for this service based on any actual tax savings made, on a percentage basis. We in turn will receive a fee from the provider in exchange for referring you. Please contact us if you are interested for further details.


Tenure

Freehold

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 19th December 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

Flats 1-5, 164 -168 Harrington Street, Pear Tree, Derby DE23 8PA