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16 Handford Street, Derby, Derbyshire DE22 3GS

Lot no: 3 Sold at Auction for £80,000
 

Guide Price £49,000+ 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 21st September 2017

11.30am
Key Features
  • Two bedroomed mid-terraced property
  • Comprehensive scheme of improvements required
  • Very popular location close to City centre and A52
  • Excellent potential
  • EPC Rating: D
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Sold at Auction for £80,000

Terraced House

Property Description:

Internally the property has the benefit of part double glazing, gas central heating and in brief comprises lounge, inner lobby, staircase to first floor, separate dining room and fitted kitchen. To the first floor the passaged landing leads to two well proportioned bedrooms and a bathroom. To the rear there is a good sized garden.

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

Lounge 11’6” x 10’5” into chimney recess

Entered by door to front with window to front elevation, television aerial lead, telephone jack point, moulded coving to ceiling and central heating radiator.

Inner Lobby

With staircase to first floor.

Dining Room 11’4” x 10’5” into chimney recess

With door to cellar and central heating radiator.

Kitchen 8’7” x 5’9”

With double glazed window to the rear elevation and part obscure double glazed PVC door to the side. The fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface, sink and drainer with splashback tiling and cooker point and wall mounted combination boiler.

First Floor Passaged Landing
Bedroom One 11’6” x 10’4”

With double glazed window to front elevation, ornate cast iron open fireplace and central heating radiator.

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

With window to rear elevation, walk-in wardrobe, loft access and central heating radiator.

Bathroom 8’4” x 5’7”

With obscure double glazed window to the rear elevation. Fitted with a three piece suite comprising panelled bath with low level wc, pedestal wash hand basin, complementary tiling to the walls, extractor fan and central heating radiator.

Outside

To the rear there is a good sized garden.

Directions

Proceeding out of Derby City centre along Friar Gate which continue onto the Ashbourne Road (A52), continue through the set of the traffic lights, take your next turning left after Ashgate Primary School onto Surrey Street. At the junction turn left and then immediate right onto Handford Street and the property will be situated on the right hand side as 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.