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65 Victoria Mill Town End Road, Draycott, DERBY, Derbyshire, DE72 3PW

  • Conditional Online Auction Sale
  • Bedrooms: 2

THE GOTO GROUP ARE PLEASED TO OFFER FOR SALE VIA ON LINE AUCTION THIS TWO BEDROOM APARTMENT IN DERBY

Tenure

LEASEHOLD

Description

Located on the second floor of the Grade II listed Victoria Mill conversion, this well presented apartment enjoys elevated views and provides spacious accommodation including an entrance hall, open plan living/dining/kitchen area, plus two bedrooms (with an en-suite bathroom to the master) and a shower room.

Boasting large feature windows to the living area and bedrooms, the property also benefits from a gated allocated parking space.

Situated in the popular Derbyshire village of Draycott, the property is close to a range of excellent local facilities including shops, school, and public houses, with easy access to the M1, and Derby City Centre via main routes and local transport links.

Communal Reception Hall - With a secure entry system, mail boxes.

Entrance Hall - Secure entry system, storage cupboards, two ceiling spotlights, electric storage heater and access to two bedrooms, the shower room and the:-

Open Plan Living/Dining/Kitchen Area - LIVING/DINING AREA:-Two large single glazed feature windows, three electric storage heaters, exposed beams to ceiling, and open access to the:-

KITCHEN AREA:- Fitted with a range of wall, drawer and base units, 1 &1/2 bowl stainless steel sink and drainer unit, built-in Bosch electric oven and hob with an extractor fan over, integrated appliances including a washer/dryer and fridge/freezer. Spotlighting, continuation of exposed beams to ceiling.

Bedroom One - Large single glazed feature window, cupboard housing the hot water tank, spotlighting, electric storage heater and a door giving access to the:-

En-Suite Bathroom - Fitted with a three piece suite comprising a low level flush w/c, large oval wash hand basin set in a vanity unit, and a bath with a shower and glazed screen over. Tiled walls and floor, spotlighting.

Bedroom Two - Large single glazed feature window and heater.

Shower Room - Fitted with a three piece suite comprising a low level flush w/c, oval wash hand set in a vanity unit, and a shower cubicle.

Lease Information
Agents Notes - There is an annual service charge of £1655 collected in half yearly installments on 1st January and 1st July. There is a ground rent of £250 p.a. collected half yearly. The lease is for 250 years and started in 2004. All details relating to the lease including the level of ground rent and service charge are to be verified by the purchasers legal representatives.

EPC Rating

CURRENT 58/82 POTENTIAL

Opening Bid and Reserve Price

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.

Comments

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 £6,582 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.

Buyer's Administration Charge

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.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Energy Performance Certificate (EPCs)

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.

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Office Contact

Auction Concierge Specialist
01844 355023

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