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27 Rykneld Road, Littleover, Derby, Derbyshire DE23 4BG

Lot no: 75 Sold at Auction for £177,000
 

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.

Thursday 21st September 2017

11.30am
Key Features
  • Traditionally built three bedroomed semi-detached house set back from the road on a deep plot
  • Littleover Community School catchment area
  • Potential to extend subject to usual planning consent
  • Full refurbishment required
  • EPC Rating: F
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Sold at Auction for £177,000

Semi-detached house

Property Description:

The property itself requires a comprehensive scheme of improvements however has the benefit of part replacement sealed unit uPVC double glazing and in brief comprises entrance hall with staircase to first floor, front sitting room with bay window, fitted kitchen, bathroom and lean-to. To the first floor the landing leads to three bedrooms and potential for a bathroom subject to the usual building regulations. Outside there is a deep fore garden which is mainly laid to lawn with an adjacent driveway leading to the single detached garage. Immediately to the rear there is an over grown garden.

The property occupies a very popular location situated within walking distance of Littleover Community School with a regular bus service, easy access to A38, Toyota and A50. Excellent investment opportunity.

Entrance Hall

Entered by door to front, staircase to first floor, understairs pantry.

Front Sitting Room 15’5” x 13’2” into box bay/chimney recess

With bay sealed unit double glazed window in uPVC frame to the front elevation, gas fire with tiled back and hearth.

Kitchen 8’4” x 9’7”

With sealed unit double glazed window in uPVC frame to the rear elevation. The fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface, stainless steel sink and drainer and cooker point. There is also a dilapidated Lean-To.

Bathroom

With sealed unit obscure double glazed window in uPVC frame to the rear elevation comprising a bath, low level wc, wall mounted wash hand basin and complementary tiling to the walls.

First Floor Landing

With window half way up the stairs to the rear elevation.

Bedroom One 15’7” x 11’

With window to front elevation.

Bedroom Two 9’7” x 7’9” (restricted height)

With window to rear.

Bedroom Three 10’ x 8’3”

With window to rear elevation and airing cupboard.

NOTE

We feel that if the upstairs accommodation was reconfigured a separate bathroom could be created still keeping the three bedrooms.

Outside

The property is set well back from the road behind a deep fore garden which is mainly laid to lawn with an adjacent driveway leading to a single detached garage. Immediately to the rear there is a good sized enclosed garden which is over grown.

Directions

Proceeding out of Derby City centre along the Burton Road (A5250) at the traffic lights for Derby’s inner ring road continue straight on into Little village centre and at the next traffic island continue straight on which leads onto Pastures Hill, eventually onto Rykneld Road 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.