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Meadow Farm, Meadow Lane, Newhall, Swadlincote, Derbyshire DE11 0QW

Lot no: 40 Sold at Auction for £160,000
 

Guide Price £150,000+ 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.

Friday 24th May 2019

11.30am
Key Features
  • Spacious four bedroomed detached dormer bungalow
  • Set in approx. 0.25 acre site in a secluded location
  • Potential to extend or small building plot (stpc)
  • Ample parking and double detached garage
  • EPC Rating: E
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Sold at Auction for £160,000

Detached bungalow

Property Description:

The well proportioned living accommodation requires a scheme of improvements however has the benefit of sealed unit uPVC double glazing, gas central heating and in brief comprises entrance hall with staircase to first floor, front sitting room, separate dining room, fitted kitchen diner measuring 15'2" x 10'8" with built in appliances, two bedrooms and a family bathroom. To the first floor the landing leads to two good sized genuine double bedrooms. Outside there are wooden gates with driveway providing ample car standing space and leading to a secure area to the side of the property with a double detached garage. To the rear there is an enclosed garden enjoying a southerly aspect and offering a certain degree of privacy.

The property is situated in the context of an established and popular residential location that will surely appeal to families and retired persons. Excellent freehold investment opportunity.

Entrance Hall 16'8" x 6'5"

Entered by PVC door to front, coving to ceiling, central heating radiator and staircase to first floor.

Front Sitting Room 15'2" x 13'

With bay sealed unit double glazed window in uPVC frame to the front elevation, part multi paned glazed door to the side elevation, coving to ceiling and central heating radiator.

Separate Dining Room 11'2" x 9'

With two sealed unit double glazed windows in uPVC frames to the side elevation, cupboard with combination boiler, central heating radiator and access through to bathroom.

Family Bathroom 6'11" x 9'1"

With sealed unit double glazed window in uPVC frame to the rear and side elevation. Fitted with a three piece suite comprising a corner panelled bath with telephone style mixer tap and shower attachment, low level wc, pedestal wash hand basin, complementary tiling to the walls and laddered heated towel rail.

Bedroom One 14'1" into bay x 13'

Having bay sealed unit double glazed window in uPVC frame to the front elevation and central heating radiator.

Bedroom Two 13' x 12'

With double glazed patio door and central heating radiator.

First Floor Landing

Leading to -

Bedroom Three 16'5" x 11'2"

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

Bedroom Four 13'5" x 12'9"

With sealed unit double glazed in uPVC frame to the front and side elevation and central heating radiator.

Outside

There are wooden gates with driveway providing ample car standing space and half-way gates providing secure area with double detached garage with twin up and over doors. There is also a fore garden and to the rear a good sized privately enclosed garden which is mainly lawned and enjoys a southerly aspect and a certain degree of privacy. We believe the property sits on a site extending to approx. 0.25 acre and offers further development potential (stpc).

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.