Harlech Close, Spondon, Derby, Derbyshire

Being sold by SDL Auction Thursday 30th May 2024 9.00am-
Guide Price £25,000+ plus fees - Unconditional with Variable Fee

Representing excellent value for money is a vacant, one double bedroomed ground floor flat with adjacent integral garage included within sale, requiring a scheme of refurbishment and modernisation.

Internally the uPVC double glazed living accommodation consist of side entrance hall with built-in-cloaks, full depth lounge through diner, fitted kitchen with built-in-appliances, bedroom with fitted wardrobes and bathroom with three piece suite.

Outside there are communal gardens with the rear garden enjoying a southerly aspect along with secure timber panelled fencing. There is a driveway leading to an integral garage with up and over door, with power and lighting and door to rear.

The property enjoys a popular cul-de-sac location on the fringe Spondon, yet with within easy reach of local shopping parade and nearby open fields. Spondon is positioned West of Derby City Centre and has an impressive range of amenities, well regarded primary and secondary schools along with recreational facilities. The nearby A52 provides swift access onto the M1 Motorway, Nottingham and further regional business centres.

Excellent residential investment opportunity

There is not a management company for this property

Tenure: Leasehold.

Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The 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.