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22 Hartington Street, Derby, Derbyshire DE23 8EA

Lot no: 9 Sold at Auction for £151,000
 

Guide Price £130,000+ 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 1st November 2018

11.30am
Key Features
  • Imposing residence split into five self-contained flats and one studio flat
  • Part let and part vacant with scope for significant rental increase
  • Close to City centre and Intu shopping centre
  • Scheme of improvement and upgrading required
  • EPC Rating: F, F, D, E, E, E
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Sold at Auction for £151,000

Terraced House

Property Description:

DRAFT DETAILS AWAITING VENDOR APPROVAL. The property is situated within easy reach of the City centre and Intu shopping centre along a tree-lined avenue always popular with landlords/investors.

Constructed of traditional brick beneath a pitched tiled roof, the property has an attractive façade and in brief comprises L-shaped entrance hall with Minton tiled floor covering, studio flat to front and a one bedroomed flat to the rear. To the first and second floor there are two, one bedroomed self-contained flats. Currently flat three is let producing £200 per calendar month and five flat produces £195 per calendar month.

The property requires a comprehensive scheme of upgrading and improvement throughout and offers opportunity for significant rental increase.

Outside to the front there is a small forecourt and to the rear an enclosed garden.

The property is surrounded by similar style properties and is offered for sale at a sensible guide price.

Communal Ground Floor Entrance Hall

Entered by door to front and with Minton tiled floor covering, door to cellar.

FLAT ONE (STUDIO FLAT)

Comprising -

Lounge/Kitchen/Bedroom (front) 16’8” into chimney recess x 15’

With bay window.

Lobby

Providing access to –

Bathroom 8’ x 6’7” (please note this is an L-shaped room)

With shower tray, low level wc, pedestal wash hand basin and extractor fan.

FLAT TWO (REAR)

A self-contained flat comprising -

Lounge 14’ x 11’ into chimney recess

With sash window to the rear elevation.

Bedroom 14’ x 12’ into chimney recess

With window to the rear.

Kitchen 14’7” x8’4” reducing to 4’9”

With window and patio door to the side. There are wall mounted cupboards with base units, drawers, preparation surface, sink and drainer, splashback tiling, cooker point.

Bathroom 8’4” x 5’8”

With window to side and rear. Comprising a three piece suite with bath, low level wc and pedestal wash hand basin.

First Floor Landing

With continuation of the spindled balustrade.

NOTE

The flat is let on an assured shorthold at £200 per calendar month.

FLAT FOUR (REAR)

Comprising -

Lounge 13’10” x11’2” into chimney recess

With sash window to the front.

Bedroom 14’ x 12’ into chimney recess

With sash window to the front and exposed floorboards.

Galley Kitchen 14’8” x 4’4” reducing to 3’

With sash window to rear and side elevation. Comprising base units with stainless steel sink and drainer and cooker point.

Bathroom 9’ x 5’

With obscure sash window. Comprising a panelled bath with low level wc, pedestal wash hand basin, fitted cupboard.

FLAT THREE (FRONT - not measured)

Comprising –

Lounge

With window to front.

Bedroom

With window to front. Located off from the bedroom –

Galley Fitted Kitchen
Second Floor Landing

With original sky-light.

FLAT FIVE (FRONT)

Comprising -

Entrance Lobby
Lounge 15’ x 12’9” to chimney recess

With sash window to the front. Archway through to –

Kitchen 8’ x 3’8”

With a range of wall mounted cupboards, base units, hard top work surface, cooker point.

Bathroom 6’5” x 7’6”

With three piece suite comprising bath, low level wc, pedestal wash hand basin and sky-light.

NOTE

The flat is let on an assured shorthold at £195 per calendar month.

FLAT SIX (REAR - not measured)

Comprises –

Entrance Lobby
Bedroom 14’ x 11’11” into chimney recess

With window to rear, fitted wardrobes.

Bathroom

Comprising a shower cubicle, low level wc, pedestal wash hand basin and extractor fan.

Kitchen Diner 14’ x 11’ into chimney recess

With window to rear elevation and comprising wall mounted cupboards with base units, hard top work surface, stainless steel sink and drainer.

Tenure:

Freehold. Part let/part vacant.


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.