Red Hill View is situated in a fantastic location overlooking Trent Lock. So whether you are looking for a your main home, a second home or an investment opportunity, you must come and view this property.
The property has a double bedroom, lounge/dining room with multi fuel stove, fully integrated kitchen with breakfast bar, bathroom as well as a generous plot with shed and log store. Viewing is highly recommended in order to fully appreciate what Red Hill View has to offer, especially with its modest guide price.
An exceptional home in a very enviable location.
Red Hill View is situated in a fantastic location overlooking Trent Lock. So whether you are looking for a your main home, a second home or an investment opportunity, you must come and view this property.
The current owner has meticulously refurbished, insulated and renovated the property to an amazing standard and offers a great living experience to the new buyer. The property overlooks the canal at Trent Lock and as you can imagine the surrounding area is just wonderful as well as providing many amenities including tea room, two pubs, and popular routes for walking, cycling, fishing and other leisure activities along the Erewash Canal and River Trent.
The property has a double bedroom, lounge/dining room with multi fuel stove, fully integrated kitchen with breakfast bar, bathroom as well as a generous plot with shed and log store. Viewing is highly recommended in order to fully appreciate what Red Hill View has to offer, especially with its modest guide price.
Accommodation
Lounge / Dining Room 14ft 8 (max) x 11ft 5
Kitchen / Diner 11ft 5 x 8ft 7
Bedroom 11ft 6 x 11ft 5
Bathroom 8ft 4 x 4ft
Leasehold Information We are inform that the current ground rent is £1,500 PA, any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. Length of lease 20 years.
Tenure: Leasehold
EPC Rating: E
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Conditional with Reservation Fee (England and Wales).
Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 60 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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.
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.