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119 Lowes Hill, Ripley, Derbyshire DE5 3DU

Lot no: 14 Sold at Auction for £69,000
 

Guide Price £40,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 6th April 2017

11.30am
Key Features
  • Two bedroomed end-terraced cottage
  • Fire damaged and in need of renovation
  • Quiet location close to town centre
  • Well kept garden with far reaching views
  • EPC Rating: G
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Sold at Auction for £69,000

End of terrace house

Property Description:

Occupying a quiet location close to the town centre is a fire damaged two bedroomed end-terraced cottage in need of renovation. In brief the living accommodation consists of lounge, separate dining room, kitchen sub-divided. To the first floor landing there are two bedrooms and a family bathroom. Outside to the front there is a small fore-court and immediately to the rear an enclosed well kept garden enjoying far reaching countryside views.

The property is situated in an established and popular location with excellent road network connections providing swift access onto the A38 which in turn leads onto the M1 motorway and the City of Derby. Excellent investment opportunity.

Lounge 11’1” x 9’9”

Entered by a door to front, window to front and staircase to first floor.

Separate Dining Room 11’4” x 11’7”
Kitchen 12’3” x 7’5”

With window and door to rear. Please note this room has been sub-divided.

First Floor Landing
Bedroom One 11’2” x 10’5” into chimney recess

With window to front.

Bedroom Two 11’6” x 7’5” into chimney recess

With window to rear enjoying far reaching views and airing cupboard.

Bathroom 8’ x 5’6”

With window to rear. Comprising a three piece suite of panelled bath, low level wc, pedestal wash hand basin and complementary tiling to the walls.

Outside

To the front there is a small forecourt with brick built wall, timber gate and pathway to the front door. Immediately to the rear there is a good sized garden which is mainly laid to lawn with pathway, brick built outbuilding and far reaching countryside views.

Directions

From Ripley town centre on Chapel Street continue down the hill shortly taking your turning left onto Pentrich Road which will lead onto Lowes Hill and the property will be located on the left hand side as clearly denoted by our auction for sale board.

Tenure:

Freehold. Vacant possession upon completion.


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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.