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25 Raven Street, Derby, Derbyshire DE22 3WA

Lot no: 1 Sold at Auction for £75,000
 

Guide Price £52,000+ 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.

Wednesday 26th July 2017

11.30am
Key Features
  • Two double bedroomed mid-terraced property
  • Comprehensive scheme of improvements required
  • Walking distance of City centre and Friar Gate
  • Excellent investment opportunity
  • EPC Rating: E
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Sold at Auction for £75,000

Terraced House

Property Description:

Internally the character accommodation consists of lounge, inner lobby with door to cellar, separate dining room and kitchen. The first floor passaged leads to two well proportioned double bedrooms and a bathroom. To the rear there is an enclosed garden.

The property enjoys a sought after location consistently popular with first time buyers and landlords.

Lounge 12’2” x 11’ into chimney recess

Entered by door to front, window to front elevation, wall mounted gas fire and moulded coving to ceiling.

Inner Lobby

With door to Cellar.

Separate Dining Room 12’2” x 11’ into chimney recess

With window to rear, wall mounted gas fire, television aerial lead and staircase to first floor.

Kitchen 9’ x 6’7”

With window and door to side. The fitted kitchen comprises base units, stainless steel sink and drainer with plumbing for washing machine.

First Floor Passaged Landing
Bedroom One 12’1” x 11’ into chimney recess

With window to front.

Bedroom Two 12’1” x 8’4” into chimney recess

With window to rear, built in wardrobe with loft access.

Bathroom 9’1” x 6’8”

With window to rear. Fitted with a three piece suite comprising panelled bath with low level wc, pedestal wash hand basin, built in airing cupboard and complementary tiling to the walls.

Outside

To the rear there is an enclosed garden.

Directions

Leaving Derby City centre along Abbey Street at the traffic lights from Mercian Way (A601) continue straight on, take your third turning right onto Boyer Street, third right onto Leman Street, first left onto Faire Street, second right onto Raven Street and the property will be situated 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.