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20 Hallam Fields Road, Ilkeston, Derbyshire DE7 4AZ

Lot no: 29 Re-entry to a future auction
 

Guide Price £70,000+ 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 OPPORTUNITY
  • Three bedroomed mid-terraced house
  • Gas centrally heated and uPVC double glazed
  • Let at £400 pcm (£4,800 p.a.)
  • EPC Rating: E
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Re-entry to a future auction

Terraced House

Property Description:

DRAFT DETAILS AWAITING VENDOR APPROVAL. This is a two double bedroomed mid-terraced house, offered to the market in good order throughout and located in a popular and convenient road in Sawley, just a short distance from shops and amenities and excellent transport links which include Long Eaton Station, junctions 24 and 25 of the M1, East Midlands Airport and the A52 and other main road which provide good access to both Nottingham and Derby.

An ideal first time or investment purchase. The property benefits from gas central heating and uPVC double glazing.

The property is currently tenanted and achieves £400.00 per calendar month (£4,800 per annum). Scope for significant rental increase.

In more detail the accommodation comprises -

Dining Room :- 3.63m x 3.65m

Having uPVC front door and window to the front elevation. Radiator, storage cupboard housing electric and gas meters, laminate flooring. Door to living room.

Living Room :- 3.64m x 3.64m

Having uPVC window to the rear elevation, stairs to first floor accommodation, understairs storage, laminate flooring. Door to kitchen.

Kitchen :- 3.71m x 1.75m

Having uPVC window to the side elevation. Fitted kitchen with wall and base units, work surfaces over, stainless steel sink and drainer, integrated oven with electric hob, splash back tiling to walls, tiling to floors. Radiator. Door to lobby area.

Lobby Area –

Having uPVC part glazed back door leading to rear yard. Door to downstairs bathroom.

Bathroom :- 1.81m x 1.80m

Having uPVC window to the side elevation. Panelled bath, wash hand basin, low level wc, part tiled walls. Radiator.

First Floor Landing :-

Stairs from ground floor, doors to two double bedrooms, Stairs to attic room.

Bedroom One :- 3.67m x 3.68m

Having uPVC window to the front elevation. Radiator.

Bedroom Two :- 3.63m x 3.60m

Having uPVC window to the rear elevation, cupboard housing wall mounted combination boiler.

Attic Room :- 3.62m x 4.06m

Stairs from first floor, two sky lights. Radiator.

Outside

To the rear of the property is an enclosed yard.

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.