End of terrace house
An opportunity to acquire a non-standard construction, three bedroomed semi detached property currently let on assured shorthold tenancy agreement producing £525 per calendar month (£6,300 per annum), offers scope for significant scope for rental increase.
Internally the property requires some improvement and upgrading, however has the benefit of being gas centrally heated, mostly double glazed an in brief comprises: entrance hall, lounge/dining room, fitted kitchen. To the first floor, there are three bedrooms and bathroom.
Outside there are gardens to the front, side and rear of the property being partially screened by a mature hedge.
The property occupies a popular and established residential location, conveniently positioned for the local shops, schools, Markeaton Park, Derby City Centre and the A38 which provides swift access onto Toyota, A50 and further regional business centres.
Additional Information
Parking Arrangements: On Street
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Mains gas
Building construction: Brick
Flood Risk: very low
Broadband availability: Standard, Superfast and Ultrafast
Mobile Signal availability: O2, EE, Three and Vodafone
Satellite and Cable TV Availability: BT, Sky and Virgin
11ft 6 x 3ft 4
20ft 9 x 9ft 10
8ft 6 x 8ft 10
10ft 2 x 11ft 8
13ft 2 x 9ft 1
8ft 7 x 7ft 10
5ft 5 x 8ft 8
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 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.
