Guide price
£55,000
1 bed flat for saleNorthumberland Street, Derby DE23
1 bed
1 bath
1 reception
EPC Rating: D
Added on
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
First Floor Flat
One Bedroom
Lounge & Kitchen
No Chain
Ideal Buy To Let / First Time Buy
Summary
no chain - A one bedroom first floor flat ideally suited to a buy to let investor or first time buyer in a central location close to amenities and road links.
Description
A spacious first floor flat located close to local amenities and Derby City Centre offered for sale with no onward chain. The accommodation would ideally suit a buy to let investor or first time buyer and in brief comprises a private entrance with stairs to the accommodation, fitted kitchen, lounge, one bedroom, large storage room and bathroom.
The property is well placed for access to local amenities, Rolls Royce, The Royal Derby Hospital, and local road links.
Early vieiwng comes highly advised.
We have been informed of the below leasehold information -
Ground Rent - £10 pa
Service Charge - £502 pa
125 Year Lease From 1997
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance
With outside storage, stairs to the accommodation.
Kitchen
Fitted with wall and base units, work surfaces, cooker point with extractor hood, space for fridge and washing machine, sink and drainer, radiator, double glazed window.
( Washing machine, cooker and fridge to be included in the sale )
Lounge
Double glazed window and radiator.
Bedroom
Double glazed window and radiator.
Storage Room
Double glazed window
Bathroom
Fitted with a sink, bath and wc, double glazed window.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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Tenure
Leasehold (96 years)
Service charge
Council tax band
A
Ground rent
£0
Ground rent date of next review