Terraced House
DRAFT DETAILS AWAITING VENDOR APPROVAL. A traditional two bedroomed terraced house close to Derby Arboretum park, benefitting from gas central heating and uPVC double glazing, having accommodation briefly comprising of lounge, dining room, kitchen, and to the first floor, two bedrooms and bathroom.
The property is let on an assured shorthold tenancy at £350 per calendar month (£4,200 per annum) with scope for rental increase. Excellent investment opportunity.
The auctioneers have not inspected the property but believe it to comprise –
uPVC double glazed bay window to the front elevation, central heating radiator and doors leading to the Cellar and Dining Room.
With power points and lighting.
uPVC double glazed window to the rear, central heating radiator, stairs to the first floor and door leading to the kitchen.
Fitted kitchen with a range of wall and base units complete with stainless steel sink. Tiling to the walls, plumbing for washing machine and gas cooker point.
uPVC double glazed window to the front elevation and central heating radiator.
uPVC double glazed window to the rear elevation and central heating radiator.
With obscure double glazed window to the rear elevation. Fitted with a three piece suite comprising panelled bath, low level wc, pedestal wash hand basin and central heating radiator.
Garden to rear
Freehold. Subject to tenancy.
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.
