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73 Richmond Road, Derby, DE23 8PY

Lot no: 2 Sold at Auction for £89,000
 

Guide Price £45,000+ 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 November 2020

10.30am
Key Features
  • Two double bedroomed mid-terraced property
  • Entrance hallway
  • In need of renovation
  • Potential loft conversion (stpc)
  • EPC Rating: D
  • Popular and convenient location
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Sold at Auction for £89,000

Terraced House

Property Description:

An excellent opportunity to acquire a two double bedroomed mid-terraced property requiring a full scheme of improvement and upgrading, situated in an established and convenient residential location.

The character accommodation has the benefit of uPVC double glazing, gas central heating and in brief comprises an L-shaped entrance hallway, lounge, separate dining room, an open conservatory/lean-to (this is shared with number 75) and fitted kitchen with opening through to a small breakfast room/garden room. To the first floor landing there is a raised mezzanine floor level which measures approximately 8' x 5'9", two double bedrooms and a bathroom. Outside to the rear there is an established garden.

In our opinion if the two properties were to be purchased by the same buyer, it could be converted into a substantial HMO property (stpc).

Entrance Vestibule

Leading into -

L-Shaped Entrance Hallway 15' x 10'

With original staircase to first floor and central heating radiator.

Lounge 12'3" x 11'8" into chimney recess

With uPVC double glazed window to front elevation, moulded coving to ceiling and gas fire.

Separate Dining Room 15' into chimney recess x 12'5"

With door to rear, inset contemporary style electric fire set into the chimney breast and access through to -

Open Conservatory/Lean-To

Which is shared with number 75. Please refer to the legal pack for further information.

Kitchen 9'10" x 7'4"

The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, sink and drainer, mixer tap and splashback tiling. There is an integrated oven and hob. Opening through to -

Breakfast Room/Sun Room 6'2" x 5'1"

With window to rear, door to side and central heating radiator.

First Floor Landing

Steps leading to a raised mezzanine floor area which measures 8'7" to the balustrade x 5'9" with roof light. Please note there is potential for loft conversion (stpc).

Bedroom One 15' into chimney recess x 12'2"

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

Bedroom Two 12'5" x 12'1" into chimney recess

With uPVC double glazed window to the rear elevation and vanity wash hand basin.

Bathroom 7'1" x 10'

With uPVC double glazed window to the rear elevation. A five piece bathroom suite comprises a panelled bath, separate shower, low level wc, pedestal wash hand basin, bidet, tiling to the walls and wall mounted Worcester combination boiler.

Outside

To the rear there is block paving with lawned area and a number of outbuildings.

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.