7 bed block of flats for sale

Water Street, Bakewell DE45

Nestled in the charming town of Bakewell, on the picturesque Water Street, this remarkable Georgian Grade II Listed property presents a unique opportunity for discerning buyers. Comprising a block of flats, the residence features five well appointed apartments, including two spacious two-bedroom units and three one-bedroom units.

The property boasts ample off street, private allocated parking, a rare find in such a convenient location. Residents will enjoy easy access to the vibrant local amenities that Bakewell has to offer, including quaint shops, delightful cafes and the stunning surrounding countryside, perfect for leisurely walks and outdoor pursuits.

This impressive building, with its historical significance and architectural charm, offers not only a comfortable living space but also the potential for a lucrative investment.

Annual income - £59,040

The property was a successful holiday let business in 2018/19, prior to Letting the properties on ASTs.

Dales And Peaks Forwardmove - Please Read

Dales & Peaks is marketing this Property with the benefit of ForwardMove. Dales & Peaks has introduced ForwardMove to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.

Purchasers will benefit from the Buyer Information Pack (bip), which we have created with our legal partners, to give buyers more information before they agree to purchase.

The pack includes:

Property information form (TA6)
Fixtures and contents form (TA10)
Local Search*
Water and Drainage Search*
Coal and Mining Search*
Homescreen / Environmental Search*

(Dales & Peaks has ordered the local, drainage, coal and homescreen / environmental searches; we will add these to the bip as they become available)

ForwardMove allows the sale process to be completed significantly quicker than a ‘normal sale’. This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed. The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.

Additionally, and on behalf of the Seller, Dales & Peaks requests that the successful Buyer enters into a Reservation Agreement and pays the Reservation Agreement Fee of £595 (including VAT). This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).

Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (sstc).

During the Reservation Agreement period, the Seller will reject all offers and not enter into another agreement with any other buyer. The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days.

The Reservation Fee is non-refundable except where the Seller withdraws from the sale. A copy of the Reservation Agreement is available on request, and Dales & Peaks advises potential buyers to seek legal advice before entering into the Reservation Agreement.

If you have any questions about the process or want to know how selling or buying with Dales & Peaks ForwardMove could benefit you, please speak to a member of the Dales & Peaks team.