Description Martin&Co are delighted to present this two bedroom first floor apartment to the market. Currently occupying a professional tenant paying a monthly rent of £475 per calendar month, this property is ideal for an investor. Being so close to many local amenities as well as bus routes into the City Centre and offering great access to the A50, A52 & M1. This property is also highly suitable for a first time buyer. For sale by modern method of online auction. Contact Martin&Co today for any enquiries!
Auctioneerscomments This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by Midlans property Auction. Powered by iam-sold Ltd" or "iam-sold Ltd". To view or make A bid – Contact "Martin & Co Derby" or visit:
Description2 For sale by Modern Method of Auction; Starting Bid Price £55,000.00 plus Reservation Fee.. Martin & Co are proud to present this two double bedroom mid terrace property, situated within close proximity to a wide variety of local amenities and bus routes into the city centre, In brief the accommodation comprises of a living room, dining room, kitchen, wet room, two double bedrooms and a bathroom. The property is being sold with a tenant in situ and with no upward chain. This property is for sale by "midlands property auction powered by iam-sold Ltd" or "iam-sold Ltd". For more details regarding the tenancy call us today.
Property descriptions and related information displayed on this page are marketing materials provided by Martin & Co Derby. 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 Martin & Co Derby 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.