Leasehold, 85 years remaining
Purplebricks are delighted to offer for sale 75% Shared ownership of this impeccably presented 2 Double bedroom top floor apartment.
Located within the highly sought after Great northern point development, No.37 offers prospective buyers a light, spacious and modern layout within easy access of Derby city centre, local amenities and travel networks.
In brief the property comprises of Entrance hall, Lounge/Kitchen/Diner, 2 Double bedrooms and a modern family bathroom.
Outside, the property benefits from an allocated parking space.
Entrance Hall
Having door to the front, store cupboard, wall mounted heater and Laminate flooring.
Lounge / Kitchen
23.8" x 12.8"
Fitted with a matching range of base and eye level units, with rolled edge work surfaces over.
Incorporating a sink drainer, Electric Oven, Induction hob, with plumbing for Washing machine, space for Fridge Freezer, wall mounted heater, Laminate flooring plus window and French doors/Juliet balcony to the rear.
Bedroom One
14" x 8.9"
Having window to the rear, wall mounted heater and Laminate flooring.
Bedroom Two
13.3" x 8.9"
Having window to the front, wall mounted heater and Laminate flooring.
Bathroom
Fitted with a matching 3 piece white suite, comprising of Paneled bath with shower over, W.C, Wash basin, with window to the front.
Outside
Outside, NO.37 Benefits from an allocated parking space.
Lease Information
99 Year lease from 2006.
75% Ownership,
25% Retained by Derwent Living (Option to purchase 100% subject to investigation)
25% Rent payable at 218.20 Pcm (Figures advised by current seller)
current 72/81 potential
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £5,382 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.