1 Bed Flat For Sale Dukeries Lane, Derby, DE21

£96,000- 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: 2nd April 2024

Description

For sale on 25 April 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.

A superb first floor maisonette situated in a quiet yet convenient location in Oakwood.\r
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Well placed for local amenities and Oakwood Park. \r
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The property is in excellent order throughout with modern kitchen and bathroom along with tasteful decor, electric heating and double glazing. \r
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Benefiting from parking and its own large, private garden with Steel store.\r
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An ideal potential buy to let opportunity with estimated rental value of £700 per calendar month/£8,400 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Reception Hallway With stairs to first floor.
Lounge / Diner 22ft10 x 10ft1 max Double glazed windows to the front and rear, electric heater and two storage cupboards.
Kitchen 9ft1 x 9ft2 Well fitted with a range of modern wall and base units, work surfaces, sink and drainer, integrated oven and hob, space for washing machine and double glazed window to front aspect.
Inner Hallway With storage cupboard and doors to bedroom and bathroom.
Bedroom One - 9ft2 x 10ft8 Having a radiator and a double glazed window to the rear elevation.
Bathroom Refitted with a modern three piece suite comprising a concealed flush WC, wash hand basin in vanity unit and panel bath with shower over.
Outside Driveway to the side offering ample parking. A private rear garden with lawn, decked seating area and steel shed. Enclosed by timber fencing.
Construction material: Cavity wall, as built, insulated (assumed).
Electricity supply: Mains.
Water supply: Mains.
Sewerage arrangements: Mains.
Broadband: O2, EE, Three, Vodafone available.
Mobile phone coverage: Standard - 2 mbps, Superfast - 74 mbps, Ultrafast - 1000 mbps available.
Leasehold Information Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

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 Fixed Fee.\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 fee apply:\r
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• 10% deposit (subject to a minimum of £5,000)\r
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• Buyers Fee of £1,500 inc. VAT\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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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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