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19 Cowley Street, Derby, Derbyshire DE1 3SL

Lot no: 8 Sold at Auction for £180,000
 

Guide Price £69,000+ 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
  • Larger than average two double bedroomed palisaded terraced property
  • Located just off the popular Kedleston Road
  • Comprehensive scheme of improvement required
  • Within walking distance of local park and city centre
  • EPC Rating: F
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Sold at Auction for £180,000

Terraced House

Property Description:

DRAFT DETAILS AWAITING VENDOR APPROVAL. The property retains original features and part of the first floor accommodation is formed over the shared passageway. In brief comprises entrance vestibule, entrance passageway with staircase to first floor, front sitting room with bay window with opening through to dining room, kitchen room and pantry. To the first floor landing there are two double bedrooms (bedroom one could be split into two), potential for loft conversion (stpc) and a family bathroom. Outside to the front there is a small forecourt and to the rear an enclosed low maintenance garden.

The property is situated in the context of an established residential location always very popular with first time buyers, landlords, students and is within walking distance of a local recreational park and the city centre. Excellent freehold investment opportunity.

Entrance Vestibule

Entered by door to front.

Entrance Passageway

With moulded coving to ceiling, original archway and staircase to first floor.

Front Sitting Room 15' into bay x 11'6" into chimney recess

With bay window to front elevation, gas fire, storage heater, ornamental ceiling rose, moulded coving to ceiling and opening through to the dining room.

Dining Room 12'9" x 11'7" into chimney recess

With window to rear, fitted cupboard and gas fire.

Breakfast Kitchen 10' x 7'

With window to side and door to cellar. The fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface, sink and drainer with tiling, cooker point and pantry.

Pantry 7'9" x 3'10"

With window to side.

First Floor Passaged Landing

With loft access and fitted cupboard.

Bedroom One 18'5" x 11'3"

With two windows to the front elevation. Please note in our opinion this room could be split into two separate bedrooms or form an en-suite (stpc).

Bedroom Two 12'3" x 8'5" into chimney recess

With window to rear elevation.

Bathroom 10'2" x 7'1"

With window to rear. Fitted with a three piece suite comprising panelled bath with shower unit and shower rail, low level wc, pedestal wash hand basin, complementary tiling to the walls, storage heater and airing cupboard.

Please Note

We feel there is potential for loft conversion (stpc). The property also offers potential to be converted into a HMO/student accommodation (stpc).

Outside

Small forecourt to the front. Gated shared passageway to the side leads to the rear having an enclosed low maintenance garden.

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.