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85 Markeaton Street, Derby, Derbyshire DE1 1DX

Lot no: 1 Sold at Auction for £126,000
 

Guide Price £30,000+ 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 11th April 2018

11.30am
Key Features
  • Spacious two double bedroomed palisaded end-terraced property
  • Full renovation required throughout
  • Potential to extend or convert loft (stpc)
  • Located between Ashbourne Road and Kedleston Road, close to City centre and University
  • EPC Rating: G
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Sold at Auction for £126,000

End of terrace house

Property Description:

The property offers potential for an extension of loft conversion (stpc) and in brief comprises entrance hall with Minton tiled floor covering, staircase to first floor, front sitting room, separate dining room and spacious kitchen. To the first floor the semi-style galleried landing leads to two genuine double bedrooms and a bathroom. Outside to the front there is a small fore court and to the rear an enclosed overgrown garden.

The property enjoys a well regarded location also situated within easy reach of a local park, primary school, Markeaton Park and the A52 which provides swift access onto the A38. Excellent investment opportunity.

Entrance Hall

With moulded coving to ceiling, Minton tiled floor covering, central heating radiator and staircase to first floor.

Front Sitting Room 12’2” x 12’ into chimney recess

With two multi paned windows to the front elevation, moulded coving to the ceiling and central heating radiator.

Separate Dining Room 12’ into chimney recess x 12’5”

With window to rear.

Kitchen 13’10” x 9’

With windows to the rear and side elevations and door to cellar.

First Floor Semi-Style Galleried Landing

With loft access and central heating radiator. Please note we feel there is potential for a loft conversion (stpc).

Bedroom One 16’8” into chimney recess x 12’

With twin multi paned windows to the front elevation and central heating radiator.

Bedroom Two 12’1” x 9’3” into chimney recess

With window to rear.

Bathroom 9’6” x 8’1”

With window to side. Comprising a panelled bath and low level wc.

Outside

To the front there is a small fore court. Access to the side leads to a good sized enclosed overgrown rear garden. We feel there is potential for an extension (stpc).

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.