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96 Drewry Lane, Derby, DE22 3QU

Lot no: 2 Sold at Auction for £87,500
 

Guide Price £58,000+ 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.

Wednesday 30th September 2020

9.30am
Key Features
  • Palisaded two double bedroomed mid-terraced property
  • Short walk to the city centre
  • Minor scheme of improvements required
  • Excellent buy-to-let investment opportunity
  • EPC Rating: E
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Sold at Auction for £87,500

Terraced House

Property Description:

Situated within walking distance of the city centre and the fashionable Friar Gate area is a two double bedroomed palisaded mid-terraced property. Internally the uPVC double glazed living accommodation consists of lounge, inner lobby, staircase to first floor, separate dining room and fitted kitchen. To the first floor there are two double bedrooms with accommodation over the shared passageway and a bathroom. There is potential for a loft conversion (stpc). Outside to the front there is a small forecourt and to the side a secure gated shared passageway provides access through to the good sized enclosed garden.

The property occupies a popular and convenient residential location. Excellent buy-to-let investment opportunity.

Lounge 12'1 x 11'7" into chimney recess

Entered by composite door to front, uPVC double glazed window to front elevation, gas fire, moulded coving to ceiling and ornamental rose.

Inner Lobby

With staircase to first floor.

Separate Dining Room 12' x 11'7" into chimney recess

With uPVC double glazed window to rear elevation, wall mounted gas fire, fitted cupboard and door to cellar.

Kitchen 9'10" x 6'4"

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

First Floor Landing

With access to -

Bedroom One 13'1" into chimney recess x 12'

With uPVC double glazed window to front elevation, built in storage cupboard and telephone jack point. Please Note: Some of the first floor accommodation is formed over the shared passageway.

Bedroom Two 13'2" into chimney recess x 12'

With uPVC double glazed window to the rear elevation.

Bathroom 9'10" x 7'7"

With uPVC double glazed window to the rear elevation. A spacious bathroom comprising a three piece suite in white with a panelled bath, low level wc, pedestal wash hand basin, tiling to the walls, airing cupboard and wall mounted heater.

Outside

To the front there is a small forecourt with brick built low level wall with stone coping and a shared gated access to the side with lighting leads to the good sized enclosed garden which has an adjoining brick built outbuilding housing a low level wc with latch door, the garden being mainly lawned with timber timber fencing with concrete posts.

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.