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141 Nottingham Road, Borrowash, Derby, Derbyshire DE72 3FP

Lot no: 3 Sold at Auction for £77,000
 

Guide Price £45,000+ 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 July 2019

11.30am
Key Features
  • Late Victorian two bedroomed mid-terraced property
  • Scheme of improvement and upgrading required
  • Sought after village location, handy for A52, Derby and Nottingham
  • Detached garage to the rear of 135 Nottingham Road is included in the sale
  • EPC Rating: E
  • Excellent investment opportunity
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Sold at Auction for £77,000

Terraced House

Property Description:

Enjoying a well-regarded village location is a late Victorian two bedroomed mid terraced property requiring a comprehensive scheme of improvement and upgrading throughout. The character accommodation has the benefit of part gas central heating and part double glazing and in brief comprises lounge, separate dining room and fitted kitchen. To the first floor there is a landing, two double bedrooms and a bathroom. Outside to the rear there is a yard and garden. Additionally there is a detached garage to the rear of 135 Nottingham Road included in the sale.
Excellent freehold investment opportunity.

The village of Borrowash is a highly desirable residential location, offering an excellent range of amenities including local primary school, independent shops, public houses, restaurants, and supermarket and is positioned just off the A52 which provides swift access onto Derby city centre, the M1 motorway and the city of Nottingham.

The accommodation comprises:

Lounge

11ft 4 into chimney recess x 11ft 5
Entered by multi-paned door to front, double glazed window to the front elevation, gas fire with coal living flame effect and brick surround to the plinth, picture rail, moulded coving to ceiling, ornamental rose and useful under-stairs storage cupboard, central heating radiator.

Separate Dining Room

11ft 3 x 10ft 2 into chimney recess.
With sash window to rear elevation, gas fire and staircase to first floor.

Kitchen

8ft 11 x 5ft 5
With half multi-paned door to and window.T he fitted kitchen comprises a range of wall mounted cupboards with base units, L-shaped preparation surface with stainless steel sink and drainer, mixer tap and splashback tiling. There is a cooker point, plumbing for washing machine and central heating radiator.

First Floor:
Landing
Bedroom One

11ft 3 x 10ft 11
With double glazed window to front elevation, floor-to-ceiling fitted wardrobe and central heating radiator.

Bedroom Two

11ft 3 x 10ft 2 into chimney recess
With sash window to rear elevation, built in cupboard with loft access.

Bathroom

9ft 2 x 5ft 5
With obscure window to rear elevation. The three piece bathroom suite comprises a panelled bath, low level wc, vanity wash hand basin, complementary tiling to the walls.

Outside

To the rear there is a yard and garden. Detached garage to the rear of 135 Nottingham Road is included in the sale.

Tenure:

Freehold.


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.