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78 Green Lane, Derby, Derbyshire DE1 1RT

Lot no: 15 Sold After Auction
 

Guide Price £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.

Thursday 26th July 2018

11.30am
Key Features
  • Period four bedroomed town house
  • City centre location
  • Previously let producing £14,880 per annum
  • Offered with immediate vacant possession
  • EPC Rating: E
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Sold After Auction

Terraced House

Property Description:

The accommodation is arranged over three floors with the first and second floors being previously let on a room-by-room basis, beds two and four producing £325 per calendar month and beds three and five at £295 per calendar month. Outside there are steps leading to the front door where there is an entrance hall and in brief the uPVC double glazed, gas centrally heated living accommodation consists of front sitting room, fitted kitchen diner with built in appliances, rear hall and shower room. To the first floor landing there are two bedrooms and a family bathroom. There is a staircase leading to the second floor landing where there are two bedrooms. Outside to the rear there is an enclosed yard/town house garden with pedestrian rear access.

The property is in generally good order and the well-equipped living accommodation would surely appeal to landlords at an attractive guide price. Excellent investment opportunity.

Entrance Hall

Entered by PVC door to front, tiled floor covering, central heating radiator and staircase to first floor.

Front Sitting Room 12’1” x 11’ into chimney recess

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

Kitchen Diner 11’11” x 11’4” into chimney recess

With double glazed window in uPVC frame. The modern fitted kitchen comprises a range of wall mounted cupboards with matching base units, preparation surface with stainless steel sink and drainer, mixer tap and splashback tiling. Integrated appliances comprise a stainless steel electric oven with four ring gas hob, cooker hood over, space for fridge freezer, breakfast bar, central heating radiator and internal door leading through to rear hall/utility.

Rear Hall/Utility

With double glazed window and door to the side elevation, preparation surface, plumbing for washing machine and wall mounted boiler.

Shower Room

Comprising a shower cubicle, low level wc, wall mounted wash hand basin, complementary tiling to the walls and extractor fan.

First Floor Landing

With staircase to second floor.

Bedroom 12’1” x 8’4” into chimney recess

With double glazed window in uPVC frame to the rear elevation, ornate cast iron open fireplace and central heating radiator.

Bedroom 12’2” x 8’8”

With double glazed window in uPVC frame to the front elevation and central heating radiator.

Bathroom 8’5” x 5’7”

Fitted with a modern three piece suite in white comprising a panelled bath with shower unit over and shower screen, low level wc, pedestal wash hand basin, complementary tiling to the walls, extractor fan and central heating radiator.

Second Floor Landing
Bedroom 10’2” x 12’

(Please note it is restricted height). With roof light and central heating radiator.

Bedroom 8’3” x 6’6”

With double glazed window in uPVC frame to the front elevation and central heating radiator.

Outside

Enclosed rear yard/town house garden with pedestrian rear access.

NOTE

There are fire doors throughout the property.

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.