Town House
FOR SALE BY AUCTION: THURSDAY 21st JULY 2016.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
DRAFT DETAILS ONLY.
Located just off the Morley Road area of Oakwood in a popular cul-de-sac location, is a two bedroomed mid-town house in need of refurbishment. Internally the double glazed and gas centrally heated living accommodation consists of entrance hall with staircase to first floor, fitted kitchen and lounge. To the first floor the landing leads to two good sized bedrooms and a bathroom with three piece suite. Outside to the front of the property there is parking and to the rear there is an enclosed garden.
The extremely popular suburb of Oakwood boasts excellent primary school, numerous shopping parades and is located on the fringe of Derby with some nearby countryside walks and is also within easy reach of several retail parks, the City centre and the A52.
Entrance Hall
With door to front, double glazed window to front elevation, thermostat control, useful understair storage cupboard, central heating radiator and staircase to first floor.
Kitchen 12'6" x 7'2"
With double glazed window to front elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling. There is a cooker point, plumbing for washing machine and central heating radiator.
Lounge 13’4” x 10’9”
Having double glazed window and door to rear elevation, television aerial lead and central heating radiator.
First Floor Landing
With built in cupboard and loft access.
Bedroom One 13'3" x 10'8" reducing to 7'8"
With double glazed window to rear elevation and central heating radiator.
Bedroom Two 13'4" reducing to 10’3” x 5'10"
With double glazed window to front elevation and central heating radiator.
Bathroom 7' x 6'6"
Fitted with a white three piece suite comprising panelled bath with low level wc, pedestal wash hand basin, complementary tiling to the walls, shaver point and central heating radiator.
Outside
Parking to front. Enclosed garden to rear.
Directions
On entering Oakwood from the Mansfield Road direction (A608) and proceeding up the hill eventually turning right onto Bishops Drive. Continue on for approximately a mile and at the first traffic island turn left onto Springwood Drive, left onto Smalley Drive, right onto Saundersfoot Way, first left onto Tenby Drive, follow the road round and the property will be located towards the end of the cul-de-sac where the property will be identified by our auction for sale board.
Tenure
Freehold. Vacant possession on completion.
Service Charge - £70.08 p.a
Management Fee - £32.34 p.a
VAT on Management - £6.47 p.a
Please Note - The property has solar panels installed and there are legal obligations for any potential purchaser who has to take on the remaining term of the lease (currently 20 years) - please refer to the legal documents for further information.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.sdlgrahampenny.co.uk/glossary
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Two bedroomed mid-town house in popular cul-de-sac location
Scheme of improvements required
Double glazed and gas centrally heated
Excellent investment opportunity
EPC Rating: C
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