GREAT VALUE STUDIO APARTMENT IN FANTASTIC LOCATION – FOR SALE BY MODERN AUCTION.

EVERYAGENT UK are delighted to offer for sale this excellent, 1st floor studio apartment in this secure, characterful warehouse conversion.

Well located within easy walking distance of Ilkeston Station and close to a myriad of shops and amenities this apartment boasts lovely high ceilings, is bright and airy and is in good condition throughout. There’s a good size, modern kitchen area, a proper bathroom and the living/bedroom is spacious too.

For sale by our brilliant ‘Secure Sale’ method, you can view the property in person and then bid online in the auction, or you can make an offer to ‘Buy It Now’ before the auction and the bidding starts!

Reasonably priced, well located and in great condition throughout this property, in our opinion, represents a fantastic investment or first time buy. Starting Price/Bid is £47,000.

Viewings available by appointment. 

Please see ‘Auctioneer Comments’ below and do not hesitate to call us if you would like more information on this fantastic way to buy a property.

PLEASE SEE AUCTIONEERS COMMENTS BELOW.

Auctioneer Comments:

This property is for sale by Secure Sale (conditional auction) through EVERYAGENT UK LTD. (the Auctioneer).
The Secure Sale method is a transparent online auction whereby all buyers can see the current highest bid. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack (Buyer Information Pack) associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Unlike ‘traditional’ auctions, the Secure Sale method of auction requires both the Seller and the Buyer to complete the transaction within 60 days of the draft contract for sale being received by the Buyers solicitor. This 60 day timescale allows enough time for Buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

To reserve the property the Buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This fee being £5000 including VAT. The Reservation Fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

The buyer will also make payment of £360.00 including VAT towards the preparation cost of the pack and Searches.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.