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60 Dickinson Street, Wilmorton, Derby, Derbyshire DE24 8WJ

Lot no: 9 Sold at Auction for £97,000
 

Guide Price £55,000+ 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 5th September 2019

11.30am
Key Features
  • Two self-contained one bedroomed flats
  • Cul-de-sac location overlooking wooded green
  • Short commute to Pride Park and city centre
  • High yield investment producing £8,880 p.a.
  • EPC Rating: D & D
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Sold at Auction for £97,000

End of terrace house

Property Description:

The flats require some improvement and upgrading however both are double glazed (where specified), gas centrally heated and in brief the front flat comprises lounge, lobby with staircase to first floor with passaged landing, fitted kitchen, double bedroom and a shower room. A separate access to the rear flat where there is a fitted kitchen, lounge with staircase to first floor, bedroom and bathroom. Outside to the side there is gated access and a good sized enclosed garden.

The property is situated within an established and convenient location always popular with first time buyers, young couples, landlords/investors. Excellent high yield investment opportunity.

Front Flat

Comprising -

Lounge

With uPVC double glazed window to the front and rear elevation and central heating radiator.

Side Lobby

With staircase to first floor.

Passaged Landing

With -

Fitted Kitchen

Having uPVC double glazed window, plumbing for washing machine and built in cupboard housing the Baxi combination.

Bedroom

With uPVC double glazed window.

Shower Room

With window to rear comprising a shower cubicle, low level wc, wash hand basin and central heating radiator.

REAR FLAT

Accessed via the double gates to the side.

Fitted Kitchen

With uPVC double glazed window to the side elevation.

Lounge

With uPVC double glazed windows to the rear and side elevation, central heating radiator and staircase.

First Floor Landing

Leading to -

Bedroom

With uPVC double glazed window to rear elevation and central heating radiator.

Bathroom

Comprising a three piece suite comprising panelled bath, low level wc, wash hand basin and central heating radiator.

Outside

The property is positioned towards the end of this popular cul-de-sac location overlooking a pleasant wooded green where there is communal parking. We are informed by the seller there is an allocated space. The car park is owned by Derby City Council and we are informed they pay £6 per year for the space. To the side of the property there is double timber gates with driveway leading to a pleasant generous sized enclosed rear garden. There is also an integrated store located next to the kitchen.

NOTE

Both flats are let on assured shorthold agreements producing £370 pcm.

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.