1 bedroom flat for sale

Flat 5, Five Lamps Court

Sold STC £40,000

Property Description

Key features

  • Excellent Investment Opportunity
  • Currently Tenanted
  • One Bedroom First Floor Flat
  • Close to City Centre
  • Close to Derby University

Full description

Tenure: Leasehold

MAIN DESCRIPTION This one bedroom flat comprises of separate lounge kitchen and bathroom. With close links to City Centre this property is currently tenanted hence would make a good investment.
Derby is located in the heart of the East Midlands and has good demographics for investors as it has some large companies such as Toyota, Rolls Royce, Bombardier and Derby Royal Hospital. The property is also approximately 1 mile to Derby University Main Campus and has convenient access to the A52, A38 and M1.  

FULL DESCRIPTION For sale by Modern Method of Auction; Starting Bid Price £40,000.00 plus Reservation Fee..
Martin & Co are proud to present this two double bedroom mid terrace property, situated within close proximity to a wide variety of local amenities and bus routes into the city centre, In brief the accommodation comprises of a living room, dining room, kitchen, wet room, two double bedrooms and a bathroom. The property is being sold with a tenant in situ and with no upward chain. This property is for sale by "midlands property auction powered by iam-sold Ltd" or "iam-sold Ltd". For more details regarding the tenancy call us today.  

AUCTIONEERS COMMENTS 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 buyer's 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. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by Midlans property Auction.
powered by iam-sold Ltd" or "iam-sold Ltd". TO VIEW OR MAKE A BID - Contact "Martin & Co Derby"
or visit: www.derby.martinco.com  


Listing History

Added on Rightmove:
19 July 2018

Nearest stations

  • Derby (1.3 mi)
  • Peartree (2.2 mi)
  • Spondon (3.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Martin & Co, Derby - Lettings & Sales

15 St. James Street Derby DE1 1RF

01332 291922 Local call rate

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Map & Street View

Nearest stations

  • Derby (1.3 mi)
  • Peartree (2.2 mi)
  • Spondon (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Martin & Co, Derby - Lettings & Sales

15 St. James Street Derby DE1 1RF

01332 291922 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100691003196. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Derby - Lettings & Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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