For Sale by Unconditional Online Auction in Partnership with sdl Auctions Auction T&Cs are available via the auctioneers website. Situated in the popular location of Chellaston and offered for sale with no upward chain, this two double bedroom 1st floor apartment presents an excellent investment opportunity. Being close to the A50 leading to both the A38 and M1 it could be an ideal property for a commuter, being just a short walk from all the local amenities meaning it has great rental potential.
Hallway When walking into the property, there is a large entrance hallway with storage space for outdoor shoes and clothing and also there is access to all rooms off of the hallway.
Livingroom17' 2" x 10' 1" (5.23m x 3.07m) With a large bay window to allow plenty of light into the property, there is space for a dining table, both television and phone sockets and a carpeted flooring.
Kitchen11' 5" x 8' 10" (3.48m x 2.69m) Fitted with an integrated fridge, a gas hob and electric oven, washing machine, tiled flooring, a sink and draining board, window and a radiator.
Bedroomone10' 11" x 11' 7" (3.33m x 3.53m) The master bedroom has space for a double bed and other bedroom furniture, carpeted flooring, a window and radiator.
Bedroomtwo11' 3" x 8' 10" (3.43m x 2.69m) Max Again, with space for a double bed, it has a carpeted flooring, window and a radiator.
Bathroom9' 6" x 5' 10" (2.9m x 1.78m) Fitted with a four piece suite comprising of a bath with an overhead shower, toilet, sink and bidet, there is also carpeted flooring and tiled walls.
Tenure See Legal Pack Legal Pack The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.
*Guide Prices and Reserve Prices Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a 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 which is available to download on our sdl Auctions website.
Online Auction Registration Every online bidder on sdl Auctions must first create an account on the online section of the sdl Auctions website -
This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction 'Terms and Conditions'. Once you have done this you will be able to search, 'watch' lots and download legal documents.
After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.
In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.
Unconditional Online Auction Procedure If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.
The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.
We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.
Full terms and conditions are available on the sdl Auctions website -
Property descriptions and related information displayed on this page are marketing materials provided by AKS Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact AKS Residential for full details and further information.
Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.