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49 Merchant Avenue, Spondon, Derby, Derbyshire DE21 7NB

Lot no: 7 Sold at Auction for £137,000
 

Guide Price £79,000+ 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
  • Double fronted three bedroomed semi-detached house
  • Comprehensive scheme of improvements required
  • Located in a popular cul-de-sac location
  • Excellent investment opportunity
  • EPC Rating: D
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Sold at Auction for £137,000

Semi-detached house

Property Description:

DRAFT DETAILS AWAITING VENDOR APPROVAL. Requiring a comprehensive scheme of improvement and upgrading is a double fronted three bedroomed semi-detached house situated in a popular cul-de-sac location (positioned middle to top end of the cul-de-sac).

Internally the property offers sealed unit uPVC double glazing, gas central heating and consists of entrance hall, staircase to first floor, full depth lounge with dual aspect, separate dining room and fitted kitchen with built in appliances. To the first floor landing there are three well proportioned bedrooms and a family bathroom with separate shower. Outside there is a small fore garden, adjacent driveway and a good sized enclosed rear garden.

The suburb of Spondon boasts an excellent range of amenities with superb independent shops, supermarkets, public houses, restaurants, primary and secondary schools and recreational parks. Spondon itself is just positioned off the A52 and is within a short commute of the city centre, Pride Park, the M1 motorway and the city of Nottingham. Excellent investment opportunity.

Entrance Hall

Entered by door to front and staircase to first floor.

Full Depth Lounge 18'2" x 11'7" into chimney recess

A light and spacious reception room with dual aspect comprising sealed unit double glazed window in uPVC frame to the front elevation and patio door leading out onto the garden, central heating radiator and fitted cupboard with combination boiler.

Separate Dining Room 10' x 12'

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

Kitchen 13'5" x 6'8"

With two sealed unit double glazed windows in uPVC frame to the rear elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, sink and drainer with splashback tiling. Integrated appliances comprise an electric oven with hob, cooker hood, plumbing for washing machine, space for fridge/freezer and pantry.

First Floor Landing

With sealed unit double glazed window in uPVC frame to the rear elevation, central heating radiator and loft access.

Bedroom One 12'10" x 10'1"

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

Bedroom Two 11'9" x 9'7"

(Please note this is an irregular shaped room). With sealed unit double glazed window in uPVC frame to the front elevation, built in cupboard and central heating radiator.

Bedroom Three 8'6" x 8'4"

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

Family Bathroom 10'4" reducing to 7' x 6'2"

With sealed unit double glazed window in uPVC frame to the rear elevation. Fitted with a four piece suite comprising a panelled bath, low level wc, pedestal wash hand basin, recessed shower cubicle with sealed unit double glazed window in uPVC frame to the rear elevation, complementary tiling to the walls and central heating radiator.

Outside

The property is positioned towards the middle/top end of Merchant Avenue. To the front there is a small fore garden with adjacent driveway to the side and to the rear a very generous sized enclosed established garden which is mainly lawned with a range of specimen trees. The rear garden also offers a high degree of privacy and may well lend itself to an extension (stpc).

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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.