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5 Arthur Street, Derby, Derbyshire DE1 3EF

Lot no: 31 Sold at Auction for £124,000
 

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 13th December 2019

11.30am
Key Features
  • Attractive two double bedroomed mid-terraced property
  • Walking distance of city centre and Darley Abbey Park
  • Well appointed accommodation
  • Excellent buy-to-let investment opportunity
  • EPC Rating: D
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Sold at Auction for £124,000

Terraced House

Property Description:

Tucked away within a popular cul-de-sac location is a well appointed two double bedroomed mid-terraced property situated within a short walking distance of the city centre and Darley Abbey Park. There is a secure shared passageway leading to the side entrance hall of the property where there is a front sitting room, separate dining room with opening through to a well equipped modern fitted kitchen with granite tops. Part of the first floor accommodation is arranged over a shared passageway and provides two genuine double bedrooms with passaged landing leading through to a modern bathroom with three piece suite in white and potential for a loft conversion (stpc). Immediately to the rear there is a pleasant enclosed low maintenance garden.

The property enjoys a well regarded and highly convenient residential location always popular with first time buyers, professional couples and landlords/investors. Excellent freehold investment opportunity.

Shared Passageway

Entered by door to front.

Side Entrance Hall

Entered by door to side and staircase to first floor.

Front Sitting Room 12'3" into chimney recess x 11'6"

With sealed unit double glazed window in uPVC frame to the front elevation, television aerial lead, moulded coving to ceiling and central heating radiator.

Separate Dining Room 12'4" into chimney recess x 11'2"

With sealed unit double glazed patio door leading out onto the garden, coving to ceiling, a range of down-lighters, central heating radiator, door to cellar and opening through to the kitchen.

Kitchen 8'6" x 5'11"

A well equipped fitted kitchen having a comprehensive range of wall mounted cupboards with matching base units, drawers, granite preparation surface with ceramic Belfast sink with mixer tap. Integrated appliances comprise a stainless steel electric oven with a four ring gas hob and chimney style fan assisted illuminated cooker hood over. There is also an integrated washing machine, slim-line dishwasher and a 50-50 fridge freezer.

First Floor Passaged Landing

Leading to -

Bedroom One 14'1" into chimney recess x 11'2"

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

Bedroom Two 11'6" x 10'9" into chimney recess

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

Bathroom 8' x 7'7"

With sealed unit double glazed window in uPVC frame to the rear elevation. Fitted with a modern three piece suite in white comprising a panelled corner bath with Bristan shower unit over, low level wc, pedestal wash hand basin, complementary tiling to the walls, central heating radiator and built in cupboard housing a wall mounted combination boiler.

Outside

Immediately to the rear of the property there is a pleasant 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.