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38 Main Street, Breedon on the Hill, Derbyshire DE73 8AN

Lot no: 95 Sold at Auction for £148,000
 

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.

Thursday 30th July 2020

10.30am
Key Features
  • Two bedroomed cottage property in sought after village
  • Good room sizes and period features
  • In need of a scheme of renovation
  • Perfect buy to let investment due to is proximity to commuter links and East Midlands Airport.
  • EPC Rating: G
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Sold at Auction for £148,000

Cottage

Property Description:

The village offers its own amenities including shops, public house, restaurant and golf course, but also gives excellent access to Ashby de la Zouch, Derby, Nottingham and Leicester.

The property would make a perfect buy to let investment due to is proximity to commuter links and East Midlands Airport.

It now requires a scheme of renovation but benefits from good room sizes, period features and a garage.

Estimated rental income after modernisation is £600 per calendar month.

In more detail the property comprises-

Lounge 4.63m x 3.96m

With inglenook fireplace with ok mantle over, windows to the front and side and door to the front aspect.

Kitchen 3.12m x 2.42m

With base and wall units, sink, space for appliances, panty and further understairs cupboard and window to the side aspect.

Rear Lobby

With door to rear aspect and stairs rising to the first floor.

Bathroom 2.45m x 1.70m

With low flush w.c. wash hand basin and panel bath with electric shower over, tiled walls and window to the rear.

First Floor Landing

Leading to -

Bedroom One 4.43m x 3.16m

With built in wardrobes and window to the front and side aspects.

Bedroom Two 3.10m x 2.20m

Built in cupboard and airing cupboard and window to the rear.

Outside

Vehicle access leading to a single garage to the rear.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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.

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