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65 Cedar Street, Derby, Derbyshire DE22 1GE

Lot no: 3 Sold at Auction for £112,000
 

Guide Price £85,000+ 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 bedroomed mid-terraced house
  • Scheme of improvements required
  • Situated just off Kedleston Road close to Derby University and City centre
  • Excellent investment opportunity
  • EPC Rating: E
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Sold at Auction for £112,000

Terraced House

Property Description:

Situated off the Kedleston Road, a two bedroomed mid-terraced property well positioned for Derby University and the City centre.

The property requires a comprehensive scheme of improvements however benefits from sealed unit uPVC double glazing and gas central heating and in brief comprises lounge, inner lobby, separate dining room and fitted kitchen. To the first floor the L-shaped landing leads to two double bedrooms and a bathroom.

The property enjoys an ever consistently popular location also within easy reach of the City centre and the A52 which provides swift access onto Toyota, Burton on Trent and further regional business centres.

Lounge 11’11” into chimney recess x 11’6”

Entered by door to front, sealed unit double glazed window in uPVC frame to the front elevation, gas fire, television aerial lead, central heating radiator.

Inner Lobby

With staircase to first floor.

Dining Room 12’ x 11’10” into chimney recess

With sealed unit double glazed window in uPVC frame to the rear elevation, gas fire, television point, telephone jack point, central heating radiator and door to cellar.

Kitchen 9’6” x 5’9”

With sealed unit double glazed window and door to the side elevation. The fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling. There is a cooker point.

First Floor L-Shaped Landing

With built in cupboard.

Bedroom One 13’4” into chimney recess x 11’5”

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

Bedroom Two 10’8” x 8’11”

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

Family Bathroom 9’8” x 6’

With sealed unit double glazed window in uPVC frame to the rear elevation. Fitted with a three piece suite comprising panelled bath, low level wc, pedestal wash hand basin, complementary tiling to the walls, central heating radiator and wall mounted Worcester combination boiler.

Outside

There is a shared passageway leading to an enclosed generous sized rear garden.

Directions

Leaving Derby City centre from the Five Lamps area along Kedleston Road, after approximately half a mile or so passing Markeaton Primary School on the right, take your first turning right after that onto Broadway, first right onto Cedar Street, continue for a short distance 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.