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38 Daybrook Street, Sherwood, Nottingham, NG5 2HD

Lot no: 7 Sold at Auction for £111,500
 

Guide Price £80,000+ 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 25th October 2018

11.30am
Key Features
  • Three bedroomed Victorian terraced residence
  • In need of full modernisation and improvement
  • Highly regarded street close to the centre of Sherwood
  • Superb investment opportunity
  • EPC Rating: G
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Sold at Auction for £111,500

Terraced House

Property Description:

DRAFT DETAILS
Victorian three bedroomed terraced residence, situated within this highly regarded residential street, a short walk away from the vibrant centre of Sherwood, which offers an excellent range of amenities and superb transport links. The property requires upgrading, modernisation and improvement and in brief comprises a lounge, sitting room, kitchen and cellar, a first floor landing leads to two double bedrooms and bathroom. Further bedroom three to the second floor. Enclosed rear garden. Superb investment opportunity.

The accommodation comprises:

Ground Floor
Passaged Entrance Hallway

With hardwood entrance door and stairs to first floor landing.

Lounge

10ft 9 x 10ft 9
With window to front aspect.

Sitting Room

11ft 6 x 11ft 1
With window to rear aspect.

Kitchen

8ft x 6ft 7
With single drainer sink, window to side, door to side.

Cellar

11ft 5 x 10ft

First Floor:
Landing
Bedroom One

14ft 4 x 11ft 1
With window to front aspect.

Bedroom Two

11ft x 8ft 8
With window to rear aspect.

Bathroom

With solid bath, pedestal wash hand basin, low flush wc, obscure glazed window.

Second Floor:
Bedroom Three

14ft 3 x 13ft 9
With Velux window to rear aspect.

Outside

Enclosed rear garden.

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.