An excellent opportunity to purchase a one bedroomed ground floor apartment.

The property is situated within a block of 43 apartments in total, with 21 of these apartments (including this one), having been flood damaged. The property now requires an extensive scheme of repair throughout and prospective purchasers are advised to make their own enquiries regarding this. Once the repair works have been completed, it is believed that the property would have a potential rental income in the order of £650 per calendar month (£7800 per annum).

Tenure

Leasehold

Accommodation

A secure entry system leads through to the communal entrance hall, with access to apartment no.37. No.37, an entrance door leads through to the entrance hall. Lounge/Kitchen, 8.27m x 3.36m (maximum overall dimensions). Bedroom One, 5.8m x 2.98m (maximum overall dimensions). Bathroom.

Outside

Sees one designated parking space.

Council Tax Band

B

Leasehold Information

A copy of the lease is available to download by clicking on the 'Legal Packs' section.

Notice

The purchaser shall be required to pay to Copelands the sum of £350 plus VAT (£420 inc VAT), on exchange of contracts for the auction searches.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Chesterfield Borough Council

Solicitors

Banner Jones, Corner House, Union Street, Mansfield, NG18 1RP, Ref: Hollie Watkins, Tel: 01623 675828

Additional Fees

Buyer's Premium - £950 plus VAT (£1140 inc VAT), payable on completion.

Administration Charge - £2340 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.