1 bed Flat For Sale, Surrey Street, Derby DE22

Description

For sale by online auction - - A tenanted 1 bedroom first floor flat let on an AST for £335 pcm, located within walking distance of Derby city centre, University of Derby and Markeaton Park. Ideal letting investment with a gross yield of 7.30% pax

Auction Date

To be sold by online auction on Friday 25th November 2022 with a 6 week completion, bidding will open at 10.00.

To View

Viewings will be conducted prior to the auction, please visit our website to book an appointment.

Registration

All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Location

* Close to Derby city centre, University of Derby and Markeaton Park * Mainline rail service from Derby Station * Good access to A38

Description

* First floor flat * 1 bedroom * Currently tenanted £335 pcm

Accommodation

Hallway, living room, kitchen, bedroom, bathroom

EPC Rating

C

Tenure

Leasehold

Lease

New 999 year lease, registered on completion.

Tenancy

Long term tenant on an AST, current rent £335 pcm (£4,020 pax). Please see legal pack for further details.

Ground Rent And Service Charge

Service charge is £30 per month with £0 ground rent. Please see legal pack for further details.

Council Tax Band

A - Derby

Please Note

All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty’s Stationery Office @ Crown copyright. All rights reserved, Licence no:

Legal Pack

For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Guide Prices

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional Fees

A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

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1 bed Flat For Sale £55,000 Surrey Street, Derby DE22

1 bed Flat For Sale £55,000
Surrey Street, Derby DE22