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106 Farneworth Road, Mickleover, Derby, Derbyshire DE3 0ES

Lot no: 33 Re-entry to a future auction
 

Guide Price £110,000+ 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 14th February 2020

11.30am
Key Features
  • Three bedroomed end-terraced house
  • Requires a scheme of modernisation
  • Excellent access to local schools and public transport
  • Enclosed rear garden with single garage
  • EPC Rating: D
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Re-entry to a future auction

End of terrace house

Property Description:

Brought to the market with no upward chain is this ideal investment opportunity. This end-terraced three bedroomed home is ideal for those looking to put their own stamp on a property or as a buy to let investment which is within a short distance from the Royal Derby Hospital and major road networks.

The property in brief comprises; entrance hallway, spacious lounge, fitted kitchen with French doors to the rear and separate utility cupboard. Found to the first floor are two double bedrooms, third bedroom and bathroom with three piece suite.
The front of the property, which is approached via a pedestrian footpath, features a fore lawn area behind a hedge boundaries and includes a storm porch to the front elevation.

Sitting to the rear of the property is an enclosed garden and include a detached single garage. Farneworth Road benefits from excellent access to the local schools, public transport routes and local amenities within Mickleover. An internal viewing is highly recommended to fully appreciate the size and standard on offer.

VIEWINGS

Via joint agent - Hannells Mickleover 01332 540522

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.