Sylvester Close, Derby, Derbyshire, DE1

*** MODERN METHOD OF AUCTION ***
This stylish one-bedroom second-floor apartment on the Nightingale Quarter development, is ideal for first-time buyers or investors (previously achieving £900pcm) and offers open-plan living with integrated appliances, a double bedroom, modern bathroom, and access to an on-site gym and green spaces.

Set within the popular Nightingale Quarter development in the heart of Derby, this stylish one-bedroom second floor apartment (with lift)would make a perfect first home but has also previously been a successful buy to let, achieving a 9% gross yield (£900pcm).
The sale benefits from no onward chain and a speedy, secure completion due to sale via auction.

The property comprises of an entry way with storage cupboard and access leads straight into the vast open plan kitchen/diner/lounge with high-gloss cabinets and integrated appliances (oven, microwave, hob & dishwasher), hardwearing flooring and a large window flooding the space with natural light. The property then benefits from a sizable double bedroom with fitted mirrored wardrobes and another tall window. The modern bathroom features a bath with shower over, hand-wash basin with cabinet and a W/C.
The apartment has been neutrally decorated throughout so you can really put your own stamp on it!
You'll also be able to make use of the on-site gym and green spaces. There is also residential parking which can be purchased at an additional charge.

LOCATION:
0.4 Miles - Derby Train Station
1.4 Miles - Pride Park
2.0 Miles - University of Derby
2.3 Miles - Royal Derby Hospital
2.3 Miles - A38

MATERIAL INFORMATION:
Tenure: Leasehold
Lease Length: 250 years from and including 1 June 2023
Service Charge: £1,200 p/a (billed twice per year)
Ground Rent: Peppercorn
Ground Rent Review Period: N/A
Ground Rent Review Amount: N/A
Next Ground Rent Review: N/A
Local Authority: Derby City Council
Council Tax Band: A
Parking Arrangements: Not included, can be arranged for an additional fee.
Property Construction: Standard brick
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband:
Mobile Signal Coverage: Good Outdoor & In-home (EE & O2). Please refer to Ofcom for further information.
Building Safety Issues: None
Restrictions: No parking of caravans, boats, trailers or commercial vehicles in residential parking areas. No on street parking at all.
Rights & Easements: None
Past or Present Planning Permissions or Applications: No
Is the Property Located in a Coalfield or Mining Area: No

AUCTION:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

AGENTS NOTE:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

FIXTURES AND FITTINGS:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed