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5 Lynton Street, Derby, Derbyshire DE22 3RW

Lot no: 6 Sold at Auction for £78,000
 

Guide Price £62,000+ 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 terraced property
  • UPVC double glazed and gas centrally heated
  • Minor scheme of improvements required
  • Short walk to City centre and Friar Gate
  • EPC Rating: E
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Sold at Auction for £78,000

Terraced House

Property Description:

Internally the uPVC double glazed and gas centrally heated living accommodation consists of lounge, inner lobby, separate dining room, fitted kitchen and shower room. To the first floor landing there are two genuine double bedrooms. Immediately to the rear of the property there is an enclosed low maintenance garden.

The property is situated in an established residential location always popular with first time buyers, landlords and investors. Excellent investment opportunity.

Lounge 11’7” x 11’3” into chimney recess

Entered by a PVC door to front, sealed unit double glazed window in uPVC frame to the front elevation, feature fireplace, central heating radiator.

Inner lobby

With understair storage cupboard.

Separate Dining Room 12’4” x 11’3” into chimney recess

With sealed unit double glazed window in uPVC frame to the rear elevation, built in cupboard, staircase to first floor and central heating radiator.

Kitchen 8’ x 6’5”

With sealed unit double glazed window in uPVC frame to the side elevation and a half obscure double glazed PVC door to the side. The fitted kitchen comprises a range of base units, drawers, preparation surface, stainless steel sink and drainer, mixer tap and splashback tiling. There is plumbing for a washing machine and cooker point.

Shower Room 6’5” x 4’8”

With sealed unit obscure double glazed window in uPVC frame to the side elevation. Comprising a shower cubicle, low level wc, pedestal wash hand basin, complementary tiling to the walls and central heating radiator.

First Floor –
Bedroom One 11’6” into chimney recess x 11’1”

With sealed unit double glazed window in uPVC frame to the front elevation and central heating radiator.

Bedroom Two 12’1” x 11’3” into chimney recess

With sealed unit double glazed window in uPVC frame to the rear elevation, walk-in cupboard, Ideal combination boiler, loft access and central heating radiator.

Outside

To the rear of the property there is an enclosed low maintenance garden.

Directions

Leave Derby City centre along the Uttoxeter New Road (A516) and after approximately quarter of a mile or so turn left onto Peet Street, take your third turning left onto Lynton Street and the property will be situated on the right 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.