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25 Sleetmoor Lane & Land to Side, Alfreton, Derbyshire DE55 1RB

Lot no: 37 Withdrawn Post
 

Guide Price £115,000+ 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.

Friday 25th October 2019

11.30am
Key Features
  • INVESTMENT PROPERTY PLUS BUILDING PLOT
  • Large two bedroomed end terraced house let on an assured shorthold agreement
  • Adjacent plot of land with domestic garage having outline planning consent a detached dwelling
  • Superb development opportunity
  • EPC Rating: E
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Withdrawn Post

End of terrace house

Property Description:

An opportunity to acquire a two double bedroomed end town house which is let on an assured shorthold agreement at a rent of £495 per calendar month (expiring December 2019), together with adjoining land which contains the present driveway and domestic garage on which planning consent has been granted for one detached dwelling.

The house is in need of improvement and upgrading, has gas central heating and is mostly uPVC double glazed. It briefly provides two reception rooms, kitchen, passaged landing, two double bedrooms and a bathroom.

Lounge 13'6" to recess x 12'4"

Having uPVC front entrance door and window, tiled fireplace, central heating radiator and door leading into -

Inner Hallway

With stairs off to first floor, access to store cupboards beneath, uPVC double glazed window to side.

Living Room 12'11" x 13'11" to recess

Having fitted gas fire on marble effect hearth, store cupboard and shelving, uPVC double glazed French doors to rear and window to side.

Kitchen 11'4" x 7'6" overall

Having a range of work surface with base cupboard units, stainless steel sink, appliance space and central heating radiator.

First Floor Landing

Leading to -

Bedroom One 13'10" to recess x 11'10"

With central heating radiator and uPVC double glazed window.

Bedroom Two 12'6" x 10'10" to recess

Having central heating radiator and uPVC double glazed window.

Bathroom

Fitted with a three piece suite comprising panelled bath, pedestal wash hand basin and low flush wc, fully tiled walls, airing cupboard with hot water cylinder and uPVC double glazed window.

Outside

Walled fore court with wrought iron hand gate to pavement. To the side of the property is a separate driveway leading to a sectional concrete garage. Lengthy rear garden, mostly lawned and with brick storeplace.

Planning Details

The land to the side of the house plus a part of the rear garden has the benefit of planning consent granted by Amber Valley Borough Council under reference AVA/2019/0673 dated 16th August 2019 for the construction of one detached dwelling.

Tenancy Details

The house has the benefit of an assured shorthold agreement at a rent of £495 per calendar month (£5,940 p.a.).

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.