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44 Holmes Street, Derby, DE23 8GH

Lot no: 37 Sold Prior to Auction
 

Guide Price £59,000+ 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.

Thursday 28th May 2020

10.30am
Key Features
  • Two bedroomed mid terraced property
  • En-suite shower room and en-suite bathroom
  • Gas central heating and double glazing
  • Planning permission for single storey extension (Ref: 19/00926/FUL)
  • EPC Rating: D
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Sold Prior to Auction

Terraced House

Property Description:

An excellent buy to let investment opportunity to acquire a two bedroomed mid-terraced property with two en-suites and planning permission granted (19/00926/FUL) for the erection of a single storey extension that provides an additional bedroom and further rental income. Internally the double glazed, gas centrally heated living accommodation requires minor improvements and consists of lounge, separate dining kitchen and utility area with rear lobby. To the first floor there are two bedrooms both with en-suites. To the rear there is a manageable sized garden.

The property is situated in the context of an established residential location literally yards away from Normanton Road shops.

Lounge 11’3” x 11’2”

Entered by recently upgraded composite door, oak flooring and central heating radiator, uPVC double glazed window to the front elevation.

Dining Kitchen 11’3” x 11’10”

With uPVC double glazed window to rear and door leading through to the utility room. The kitchen comprises a range of wall mounted cupboards with matching base units, drawers, L-shaped preparation surface with sink and drainer, mixer tap and splashback tiling. Integrated appliances comprises an electric oven with a four ring hob and stainless steel chimney style fan assisted cooker hood over. There is a central heating radiator and door to cellar.

Utility Room 8’ x 6’6”

With double glazed window to the rear, preparation surface plumbing for automatic washing machine, door to side and -

Rear Lobby

With access through to the garden.

First Floor -
Bedroom One 11’3” x11’2” max

Please note this is an irregular shaped room. With double glazed window to front and central heating radiator.

En-suite Shower

With low level wc, wash hand basin, shower cubicle, tiled surrounds and extractor fan.

Bedroom Two 11’3” x 11’1”

With uPVC double glazed window to the rear and central heating radiator.

En-suite Bathroom

With double glazed window to the rear. Fitted with a three piece suite in white comprising a panelled bath, low level wc, pedestal wash hand basin, complementary tiling to the walls and central heating radiator.

Outside

To the rear there is an enclosed manageable sized 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 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.

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