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37 Howe Street, Derby, Derbyshire DE22 3ES

Lot no: 2 Sold at Auction for £86,000
 

Guide Price £50,000+ 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.

Thursday 26th March 2020

11.30am
Key Features
  • Two bedroomed mid-terraced property
  • Improvement and upgrading required
  • Close to city centre, University and A38
  • Popular and convenient location
  • EPC Rating: D
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Sold at Auction for £86,000

Terraced House

Property Description:

Situated within close proximity of the University and city centre is a two bedroomed mid-terraced property requiring a comprehensive scheme of improvement and upgrading.

Internally the property has the benefit of gas central heating and in brief comprises lounge, separate dining room, fitted kitchen with combination boiler. To the first floor passaged landing there are two well proportioned bedrooms, bathroom and potential for loft conversion (stpc). To the rear there is an enclosed established garden.

The property is surrounded by similar style properties always a popular choice with first time buyers, young professional couples and landlords/investors. Excellent freehold residential investment opportunity.

Lounge 11'4" into chimney recess x 11'4"

Entered by door to front, twin sash windows to the front elevation, moulded coving to ceiling, central heating radiator and -

Inner Lobby

With door to Cellar.

Separate Dining Room 11'5" into chimney recess x 11'5"

With enclosed staircase to first floor and central heating radiator.

Kitchen 9'3" x 5'10"

With window and door to side elevation. The fitted kitchen comprises a range of wall mounted cupboards with base units, preparation surface, Belfast sink, cooker point, wall mounted combination boiler.

First Floor Passaged Landing

Leading to -

Bedroom One 11'5" into chimney recess x 11'2"

With window to front elevation and central heating radiator.

Bedroom Two 11'5" x 8'7"

With window to rear elevation, exposed floor boards and central heating radiator.

Bathroom

Comprises a three piece suite with panelled bath, low level wc, pedestal wash hand basin, complementary tiling to the walls and central heating radiator.

Outside

There is a shared gated passageway which in turn will lead to the enclosed established rear garden which is overgrown and in need of attention.

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.