3 bedroom flat for saleChestnut Avenue, Belper
Guide Price £60,000
This is a real interesting property, with the space inside to match a three bed semi but for nearly a third of the price this THREE bedroom flat located in the heart of a popular residential area should raise a few eyebrows! The property has been recently re-furbished to a very high standard and is an ideal purchase for either a first time buyer or buy to let investor. Offered for sale with no chain.
From our office; Proceed toward the Morrisons roundabout and turn left onto New Road, continue through the market place and then turn right onto Lander Lane. Cross the junction onto Parkside and continue onto Mill Lane. Mill Lane then becomes Park Road, turn right onto Chestnut Avenue and then immediately right again into the parking area behind the parade of shops. The entrance to no 95a can then be found on the right hand side.
The accommodation is approached via a PVCu double glazed entrance door into:
With stairs rising to the first floor hallway.
With a radiator, access to the loft space and doors to:
18.7ft x 12.9ft
A spacious lounge/diner with a door leading to an outside area with access to maintaining the exterior and overlooking the front, radiator and a gas fire.
15.3ft x 6.0ft
Fitted with a range of base and wall units with worktop space over, stainless steel sink unit, space for cooker, plumbing for an automatic washing machine, radiator, built-in storage cupbaord and two windows to rear.
16.6ft x 14.5ft
A large bedroom with a window to front and two radiators.
14.5ft x 9.0ft
A double bedroom with a window to rear, radiator.
12.8ft x 8.0ft
With a window to front and a radiator.
Fitted with a three piece suite comprising a panelled bath, wash hand basin and a low-level WC. Ceramic tiled splashbacks, chrome radiator, opaque window to front and a large airing cupboard housing the brand new combination boiler.
To the rear of the flats is a large parking area for use by the residents.
We are advised by the current owner that the property is leasehold with approximately 110 years remaining and that there is an annual ground rent of £10. We have also been letting the property out at a value of £400pcm. This would give a potential annual yield of approximately 6%.
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 buyers 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. Copi (truncated)
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