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1 Wood Street, Derby, Derbyshire DE1 3QX

Lot no: 43 Sold at Auction for £77,000
 

Guide Price £65,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Friday 14th December 2018

11.30am
Key Features
  • Three bedroomed semi-detached house
  • Renovation project
  • Good size kitchen
  • Alarm system
  • EPC Rating: D
  • Off road parking
  • No upward chain
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Sold at Auction for £77,000

Semi-detached house

Property Description:

Three bedroomed semi-detached property in need of a scheme of improvements, no upwards chain, vacant possession, ideal investment. Garden to the rear with off road parking. Modern combination boiler & alarm system.

Entrance Hall

Panelled entrance door, original Minton pattern tiled floor, part original wall tiling dating back to the 1900’s and stairs off to first floor.

Sitting Room 15'6" x 10'10" max into chimney recess (4.57m x 3.05m)

Built-in cupboard, gas fire, central heating radiator and secondary double glazed windows to the side and front elevations. Room finished with wall light points and coving to ceiling.

Dining Kitchen 20'4" x 10'6" into chimney recess (6.1m x 3.05m)

To the kitchen area there are wall and base units with stainless steel sink and drainer, window to the side elevation, wall mounted gas boiler and door off to storage pantry with further door leading to what was the wc. It should be noted that the roof is damaged. The dining area has central heating radiator, secondary double glazed window to the side elevation, cupboard built into chimney recess and an open grate fireplace with a quarry tile hearth and over mantle. Useful understairs storage cupboard.

First Floor Landing

Glazed access into roof space

Bedroom One 15'4" x 10'11" into chimney recess (4.57m x 3.05m)

Secondary leaded double glazed windows to the front and side elevations, central heating radiator and useful walk-in storage cupboard with rail, hooks and shelving.

Bedroom Two 10'7" x 8'11" (3.05m x 2.44m)

Secondary double glazed window to the side elevation, central heating radiator and walk-in wardrobe with rail, hooks and shelving.

Bedroom Three 7'10" x 5'7" plus recess (2.13m x 1.52m)

With window to the side elevation.

Bathroom

Comprises suite to include low level wc, pedestal wash hand basin and panelled bath with shower fitment over. Built-in cupboard, secondary double glazed window to the side elevation and central heating radiator.

Outside

There is off road parking with garage door access and a rear courtyard area.

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.