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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • One bedroom flat
  • Double bedroom
  • Fitted Kitchen
  • Modern bathroom
  • Storage space
  • Great investment opportunity

Listing view statistics

Last 30 days: 687 page views

Since listed: 1186 page views

Description

For sale by Modern Method of Auction; Starting Bid Price £45,000 plus Reservation Fee. This one bedroom flat just outside the city centre offers a unique opportunity to get on the property ladder. Set on the top floor of this small development, there is generous living space with a large double bedroom and living room as well as a modern bathroom and fitted kitchen.

Lease Term: 95 years
Service Charge: £1200 per annum including buildings insurance
Ground Rent: £40 per annum

This property is for sale by Martin&Co Property Auction "powered by iam-sold Ltd"

kitchen 7' 7" x 6' 3" (2.32m x 1.92m) Lino flooring, electric cooker, stainless steel sink, window to front

living room 13' 9" x 10' 5" (4.21m x 3.18m) Carpet, electric storage heater, window to front

bedroom 12' 9" x 10' 6" (3.89m x 3.21 (2.7)m) Electric storage heater, window to rear

bathroom 5' 6" x 7' 10" (1.69m x 2.41m) Lino flooring, bath unit with electric shower, WC, handwash basin, storage cupboard over stairs, window to rear

"This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you"
to view or make A bid contact Martin&Co today

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Derby 1.3 miles
  • Peartree 2.2 miles
  • Kingsmead School (SEN) 0.1 miles
  • Emmanuel School 0.1 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Derby 1.3 miles
  • Peartree 2.2 miles
  • Kingsmead School (SEN) 0.1 miles
  • Emmanuel School 0.1 miles

Market stats

Sale activity

Average estimated value for a flat in DE1:

  • £130,579
  • Price decrease

  • -£13,958
  • (-9.657%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £92,175
  • Properties sold

    14

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in DE1 is currently:

£451 pcm

Recent sales nearby

See all recent sales in DE1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
3rd Jun 2020 £45,000 First listed
17th Feb 2014 £62,600 Last sold

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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.