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2 Holly Bank, Chinley, Derbyshire SK23 6EJ

Lot no: 20 Sold at Auction for £110,000

Guide Price £105,000 - £110,000 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.

Tuesday 12th December 2017

Key Features
  • Guide Price: £105,000 - £110,000
  • Two bedroomed mid-terrace property
  • Ideal investment purchase
  • Sought after village location
  • EPC Rating: Awaited
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Sold at Auction for £110,000

Terraced House

Property Description:

A two bedroomed, stone built, mid terrace property located in the rural and much sought after High Peak Village of Chinley. Currently let on a regulated tenancy producing approximately £4,004 per annum the property would make an ideal investment purchase within a high value area, nestled between the Peak District National Park. The village of Chinley offers a wide range of amenities including a train station with regular services into Manchester Picadilly.

Auctioneers Note:

SDL Auctions have not inspected the property internally and accommodation details have been provided by the vendors. No internal viewings will be possible.

Ground Floor:

Living room

First Floor:

Two Bedrooms


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.