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5 Stanhope Road, Mickleover, Derby, Derbyshire DE3 9HG

Lot no: 55 Sold at Auction for £121,000
 

Guide Price £115,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Friday 25th October 2019

11.30am
Key Features
  • In partnership with Hannells Mickleover
  • Two bedroomed semi-detached bungalow
  • Scheme of improvement and upgrading required
  • Very popular cul-de-sac location
  • EPC Rating: E
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Sold at Auction for £121,000

Semi-detached bungalow

Property Description:

IN PARTNERSHIP WITH HANNELLS ESTATE AGENTS MICKLEOVER. FOR VIEWINGS CONTACT 01332-540522.

Occupying a popular and convenient cul-de-sac location is a two bedroomed semi-detached bungalow requiring a scheme of improvement and upgrading.

A recommended internal inspection will reveal entrance porch, entrance hallway, rear lounge through diner, fitted kitchen, conservatory, two bedrooms and a bathroom. Outside the property is set back from the road behind a neat fore garden with an adjacent driveway leading to a single detached garage. To the rear there is a pleasant enclosed easy to manage garden. We feel there is potential for an extension or loft conversion subject to usual planning consents.

Mickleover is an exceedingly popular location boasting an excellent range of independent shops, supermarkets, public houses, restaurants, recreational facilities, numerous primary and secondary schools. Excellent road network connections providing swift access onto the city centre. There is the nearby A38 provides easy access onto Toyota, A50 and further regional business centres.

The sale provides a genuine opportunity for a discerning purchaser looking to acquire an attractively priced retirement/starter home.

Entrance Porch

1'11" x 2'9" (0.58m x 0.84m) max

Entrance Hallway

9'9" x 2'9" (2.97m x 0.84m) max

Lounge/Diner

13'10" x 13'4" (4.21m x 4.06m) max

Kitchen

8'5" x 5'10" (2.56m x 1.78m) max

Conservatory

6'8" x 6'10" (2.03m x 2.08m) max

Bedroom One

11'1" x 10'1" (3.38m x 3.07m) max

Bedroom Two

8'4" x 6'1" (2.54m x 1.85m) max

Bathroom

6'4" x 5'11" (1.93m x 1.80m) max

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.