** AUCTION NO ONWARD CHAIN ** A fantastic one-bedroom top-floor apartment, boasting secure gated parking, lift access, a private balcony and situated in an ideal location for convenient access to Derby City Centre!
The accommodation on offer briefly comprises: Entrance hall; large open plan dining/living room with twin French doors opening out onto a private balcony; open plan kitchen area; bathroom; double bedroom.
Outside, the property is accessed via a secure gated car park and secure main communal entrance with intercom system and a well maintained stairway and lift.
Park Gate is conveniently situated for local amenities including shops, schools and parks, as well as having excellent road and public transport links to Derby City Centre, the Royal Derby Hospital, Rolls-Royce sites, Alstom and Derby University.
Viewings are essential to appreciate the position of the property and the standard of the accommodation on offer.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
EPC Rating D
Council Tax Band A
Secure Gated Allocated Parking
No Onward Chain
Leasehold
Intercom System, Stairway & Lift
The property is held on a 125-year lease from April 2005 with 105 years remaining as of March 2025. Annual Service Charge: £1,505.72 (2023) Annual Ground Rent: £75.00 (2023) and as follows: £75.00 for the first 25 years; £125.00 for the next 25 years; £175.00 for the third period of 25 years; £225.00 for the fourth period of 25 years; £275.00 for the final 25 years Managing Agents: Stuart Smith Freeholder: Broderick Developments (Reginald Street) Limited
We recommend our preferred partner law firms who are solicitors selected by Us for their experience and efficiency in providing conveyancing services. We receive a referral fee of £225 - £250 per completed transaction. They are independent professionals upon whom You can rely for independent and confidential advice. Their conveyancing charges are available on request. We recommend our preferred partner Mortgage intermediaries who are mortgage specialists available to provide you with the advice you need and who will take care of everything from explaining options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. We receive a referral fee of approximately £350 per completed transaction. We recommend our preferred partner Insurance Company who provide Buildings and Contents Insurance. We receive a referral fee of approximately £25 per completed transaction. We recommend our preferred partner Removal Company for home removals. We receive a referral fee of £50 per completed transaction. Prospective purchasers are NOT obliged to use our preferred partner services.
Located
Hannells Estate Agents
272 Blagreaves Lane
Littleover
Derby
DE23 1PS
Opening Times
Mon – Fri: 09:00am – 17:30pm
Sat: 09:00am – 16:00pm
Sun: Closed
Tel: 01332 773399
Park Gate, Reginald Street, Derby – MVY-2000871
£69,000
Notifications