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104 Prospect Street, Alfreton, Derbyshire DE55 7GX

Lot no: 37 Re-entry to a future auction
 

Guide Price £105,000+ 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 13th September 2018

11.30am
Key Features
  • EXCELLENT INVESTMENT OPPORTUNITY
  • Large five bedroomed HMO situated close to Alfreton town centre
  • Fully let producing £19,500 p.a. gross
  • Situated in the context of an established residential location
  • EPC Rating: D
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Re-entry to a future auction

Terraced House

Property Description:

The property is fully let at £75 per room per week producing £19,500 p.a. gross. Excellent investment opportunity.

Entrance Hall

With uPVC front door, cupboard housing gas and electric meters, laminate flooring.

Kitchen

With wall and base units, Asterite one and half bowls, work surfaces over, radiator, cupboard housing combination boiler, plumbing for automatic washing machine, door leading to rear garden, double glazed window to the side aspect of the property and stairs leading to first floor.

Bedroom One 3.68m x 3.74m

With double glazed bay window to front aspect, radiator and laminate flooring.

Bedroom Two 4.15m x 3.15m

With double glazed window to the rear aspect, radiator and laminate flooring.

First Floor –
Bathroom

Having obscure double glazed window to the front elevation, bath with mixer taps, mains shower over bath, low level wc, extractor fan, tiled flooring, radiator and part tiled walls.

Bedroom Three 3.01m x 3.68m

With double glazed window to the front elevation, radiator, laminate flooring and small wash hand basin.

Bedroom Four 3.36m x 4.08m

With double glazed window to the rear elevation, radiator and laminate flooring.

Small Landing Area

With storage cupboard housing the loft hatch. Access to –

Bedroom Five

The auctioneers have not measured or inspected this room but believe to comprise a double glazed window to the side elevation, radiator and laminate flooring.

Outside

Rear garden which is laid to lawn, brick built storage and access to the front of the property.

Tenure:

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.