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49 Davenport Road, Derby, DE24 8AY

Lot no: 23 Sold at Auction for £76,000
 

Guide Price £55,000+ 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 27th August 2020

10.30am
Key Features
  • Two double bedroomed semi-detached house
  • Scheme of improvements required
  • Let at £433 per calendar month (£5,196 per annum) with scope for increase
  • Close to Rolls-Royce and Bombardier
  • EPC Rating: D
  • Excellent investment opportunity
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Sold at Auction for £76,000

Semi-detached house

Property Description:

Situated within close proximity of Rolls-Royce, Bombardier and the city centre, is a two double bedroomed semi-detached house requiring a minor scheme of improvement and upgrading.

Internally the property has the benefit of uPVC double glazing, gas central heating and in brief comprises entrance hallway, dining room, full width rear sitting room and fitted kitchen. The first floor landing leads to two double bedrooms, a bathroom and potential for loft conversion (stpc). Outside to the front there is a small fore court and to the rear there is an enclosed walled garden.

The property is currently let on an assured shorthold tenancy producing £433 per calendar month (£5,196 per annum) and offers scope for significant rental increase.

The property is situated within the context of an established residential location with excellent road network connections nearby.

Entrance Hall

Entered by PVC door to front and useful understair storage cupboard.

Dining Room 12'8" x 9'1" into chimney recess

With uPVC double glazed window to front elevation and central heating radiator.

Full Width Rear Sitting Room 12'1" into chimney recess x 11'6"

With uPVC double glazed window to rear elevation, central heating radiator, enclosed staircase with uPVC double glazed window to side elevation and stairs to first floor.

Kitchen 12'3" maximum x 6'7"

With double glazed window and door to side elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, sink and drainer, splashback tiling, cooker point and plumbing for washing machine.

First Floor Passaged Landing

Leading to -

Bedroom One 12'2" into chimney recess x 12'5"

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

Bedroom Two 11'4" x 9'2" into chimney recess

With uPVC double glazed window to the rear elevation, built in cupboard with loft access and central heating radiator.

Bathroom 9'6" x 6'7"

With uPVC double glazed window to the rear elevation. Fitted with a three piece suite comprising a panelled bath with mixer tap, shower attachment and shower rail, low level wc, pedestal wash hand basin, wall mounted combination boiler and central heating radiator.

Outside

To the front there is a small fore court. Shared pedestrian access to the side leads to an enclosed walled garden with two attached brick built outbuildings, centre path, garden being lawned with flower beds.

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.