Studio for sale

37 Devonshire Place, Station Road, Buxton, Derbyshire SK17

For sale by auction on Tuesday, 24 Mar 2026 at 12:30

Venue: Live Stream

An excellent opportunity to purchase a 75% share in a two bedroomed first-floor apartment.

It is believed the vendors previously purchased their 75% equity in it for £237,500 with it having a 100% valuation of circa £315,000. Prospective purchasers should be fully aware that the price they are paying is for 75%. The property offers a fabulous opportunity to purchase an apartment at a significantly discounted price. Please be aware that purchasers must be over the age of 70 and have an income of less than £80,000 per annum and must not own a second home. The amount of savings any prospective purchaser has is irrelevant in this instance and prospective purchasers should also be aware that McCarthy & Stone must approve the purchasers details. If there are any issues from this, a full refund of all fees will be made. This information has been supplied to us in good faith by the vendors.

The property is situated within the McCarthy Stone Retirement Living Development, and forms part of a well-managed development offering independent living with the benefit of 24-hour on-site care and support, a bistro style restaurant with subsidised menu prices for residents and guest suite at approximately £25 per night.

Accommodation
The accommodation comprises an entrance hallway with walk-in storage cupboard and 24-hour emergency call system, a lounge with dining area and a door leading through to the fitted kitchen. The kitchen is fitted with a range of modern base and wall units incorporating an integrated oven, hob with extractor above, and fridge and freezer. There are two double bedrooms, the main bedroom benefiting from a large walk-in wardrobe. The bathroom is fitted as a wet room with level-access shower, WC and wash hand basin as well as with anti-slip flooring, together with a separate cloakroom/WC.

Outside
Sees communal garden area, together with a car parking space for this apartment.

Leasehold Information
Lease length: 999 years from 1st Jan 2017
Ground rent: £0 per annum
Ground rent review: 1st Jan 2032

Service Charge Breakdown
- Cleaning of communal windows
- Water rates for communal areas and apartments
- Electricity, heating, lighting and power to communal areas
- Window Cleaning (outside only)
- 24-hour emergency call system
- Upkeep of gardens and grounds
- Repairs and maintenance to the interior and exterior communal areas
- Contingency fund including internal and external redecoration of communal areas
- Buildings insurance
- One hour of domestic support per week is included in the service charge
- Free access to a laundry room with washing and drying machines
- Care staff on-site 24-hours a day
- Running of the on-site restaurant
- Intruder alarm system

The annual service charge is approximately £954 per calendar month (£11,448.00 per annum) for the financial year ending 28/02/2026.

The Service charge does not cover external costs such as Council Tax, electricity or TV.

EPC Rating: B

Additional Fees
Buyers Premium: 1.5% of the purchase price plus VAT (1.8% inc VAT), subject to a minimum fee of £1950 plus VAT (£2340 inc VAT), payable on completion.

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

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

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.