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699 London Road, Derby, Derbyshire DE24 8UQ

Lot no: 3 Sold at Auction for £107,000
 

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.

Friday 25th October 2019

11.30am
Key Features
  • Two/three bedroomed bay fronted mid terraced property
  • Situated within easy reach of Pride Park and the city centre
  • Minor scheme of improvement and upgrading required
  • Potential to convert into flats (stpc)
  • EPC Rating: E
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Sold at Auction for £107,000

Terraced House

Property Description:

DRAFT DETAILS AWAITING VENDOR APPROVAL. A particularly well located two/three bedroomed three storey palisaded property, may lend itself to conversion into flats subject to the usual planning consents.

Internally, the well proportioned and maintained living accommodation has the benefit of sealed unit uPVC double glazing and in brief comprises; recessed porch with Minton tiled flooring, entrance passageway with staircase to first floor and door to cellar, two reception rooms, fitted kitchen and utility room. To the first floor landing leads to two double bedrooms and a very spacious family bathroom. Staircase leading to an attic/occasional guest bedroom. Outside to the front there is a small forecourt with decorative railings and to the rear a low maintenance enclosed garden.

The property is situated within the context of an established residential location, within easy reach of Pride Park, city centre and there is a regular bus service also to the city centre. The location is always popular with first time buyers, families and landlords. Excellent freehold investment opportunity.

Recessed Porch

With Minton tiled floor covering.

Passaged Entrance Hall

Entered by an obscure glazed door to front, wood grain effect laminate floor covering, door to cellar, moulded coving to ceiling with feature archway, staircase to first floor with original newel post.

Lounge 14'3'' x 12' into chimney recess

With bay sealed unit double glazed window in uPVC frame to front elevation and gas fire.

Separate Dining Room 12'11'' x 9'9'' into chimney recess

With sealed unit double glazed window in uPVC frame to rear elevation and wall mounted gas fire.

Kitchen 12' x 10'2''

With sealed unit double glazed window in uPVC frame to side elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling, cooker point and vinyl floor covering.

Utility Room 10'5'' max. x 4'8''

With door to side and sealed unit double glazed window in uPVC frame to rear elevation, comprises base unit, preparation surface, stainless steel sink and drainer, plumbing for washing machine and vinyl floor covering.

To the first floor landing

With continuation of the spindle balustrade and staircase leading to the attic room.

Bedroom One 16' x 12'

With sealed unit double glazed window in uPVC frame to front elevation. In our opinion there is room to convert into a en-suite subject to the usual building regulations.

Bedroom Two 13' x 8'9''

With sealed unit double glazed window in uPVC frame to rear elevation.

Family Bathroom 11'3'' x 10'2''

With sealed unit double glazed window in uPVC frame to rear elevation. Three piece bathroom suite comprises a panelled bath with shower over and shower screen, low level w.c. pedestal wash hand basin, complimentary tiling to the walls and airing cupboard.

To the second floor landing

With roof light and access through to the attic room

Attic Room 11'4' x 12'8''

With roof light, please note this room has been used as a bedroom in the past.

Outside

To the front the property is set back from the road behind a small forecourt with decorative wrought iron railings and pathway leading to the front door. Immediately to the rear there is 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.