Flat 8, Cathedral View, Full Street, Derby, Derbyshire DE1 3AF

A fantastic opportunity to acquire this ground floor, modern styled apartment, in a block of similar properties in Derby city centre.

Guide Price: £80,000 - £90,000

Description:

A fantastic opportunity to acquire this ground floor, modern styled apartment, in a block of similar properties. The apartment is a modern development and comprises of an entrance hall, lounge, fitted kitchen, one double bedroom and a bathroom W/C with a mixer tap shower. The property is situated in the very heart of Derby city centre and within walking distance to an excellent array of shopping and leisure facilities as well as many bars and restaurants. The location is very convenient for easy access to the A52 and the A38 together with a local bus services to the surrounding areas. Derby University and The Royal Derby hospital are also within easy access. The apartment would be an ideal investment opportunity and could achieve a rental income of approximately £650 - £675pcm.

Accommodation

Ground Floor: Entrance hall, lounge, kitchen, bathroom W/C, bedroom.

Tenure

Leasehold. 150 years from 1st December 2015

EPC Rating

C with a total floor area of 505.9 sq ft / 47 sq m.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers, Bagshaws Residential, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers, Bagshaws Residential, before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes and Important Notice printed within the sale catalogue.

Health & Safety Advice for Property Viewers

Whilst Bagshaws Residential make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction and cannot therefore guarantee the safety and security of viewers   Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewer’s risk

*Guide and Reserve Prices

Important Notice
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. 

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash or credit card deposits.  The sale of each lot is subject to a contract documentation charge of £1200 (including VAT) payable on the fall of the hammer.  If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information. Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective.