This property has been taken off the market.

1 Bed Flat For Sale Duesbury Place, Derby, DE3

£65,000- Flat

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 14th May 2024

Description

For sale on 30 May 2024\r
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.\r
The auction will commence at 09:00.\r
On behalf of Cope and Co - Derby

Rare opportunity to acquire a well maintained one bedroom apartment that is set within the sought after location of Mickleover Country Park. This is an ideal purchase for either main residency or even buy to let investors as there is a current tenant in situ paying £650.00pcm.\r
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Firstly, to the exterior, Duesbury Place is situated in a sought after location and within walking distance of local transport routes, local amenities and Mickleover village. The road links are just as impressive with easy access to the A38 and A50 providing access to the local hospital and surrounding areas. One allocated parking space is provided behind the secure gates that can only be accessed by residents with a fob. The communal areas are extremely well looked after including the external bin storage, car park and internal communal areas.\r
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Entering the property, the entrance hallway is the centre of the apartment with a good sized built in storage cupboard and doors leading to the living room/kitchen, bathroom and master bedroom. The sizeable kitchen/living room is light and airy overlooking the car park to the rear via two uPVC windows. The kitchen area comes well equipped with integral appliances, a range of wall and base units and a great preparation area with two sink units. The bathroom comprises of a four piece suite having a toilet, wash basin, bath and shower over. The master bedroom overlooks the road via the side of the building. This room is a great size and benefits from fitted wardrobes with an abundance of room for clothes and accessories. \r
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The property benefits from uPVC double glazing throughout and really does typify modern living.

Leasehold Information The Lease commenced in January 2003 and term is 125 years from commencement. (106 years remaining) The Ground Rent is £50.00 annually. The apartment service charge is £1372.38 annually. Paid every six months at a figure of £686.19 and is already paid until June 2023.

Tenure: Leasehold

EPC Rating: D

Terms:
Auction Details:\r
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The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).\r
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Binding contracts of sale will be exchanged at the point of sale.\r
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All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.\r
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Auction Deposit and Fees:\r
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The following deposits and non- refundable auctioneers fees apply:\r
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• 5% deposit (subject to a minimum of £5,000)\r
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• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.\r
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The Buyers 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.\r
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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.\r
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Additional Information:\r
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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.\r
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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).\r
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Guide Price & Reserve Price:\r
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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.

Agent Details
SDL Property Auctions
17 Regan Way Toton Nottingham NG9 6RZ

Investment Analysis

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