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7 Meadow Lane, Alfreton, Derbyshire DE55 7EZ

Lot no: 107 Sold at Auction for £112,000
 

Guide Price £91,000+ 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 29th April 2021

10.00am
Key Features
  • Traditionally built three bedroomed semi-detached house
  • Comprehensive scheme of improvement and upgrading required
  • Potential to extend (stpc)
  • Situated in the context of an established and popular residential location
  • EPC Rating: D
  • Excellent freehold residential investment opportunity
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Sold at Auction for £112,000

Semi-detached house

Property Description:

Situated in the context of an established and popular residential location is a traditionally built three bedroomed semi-detached house in need of refurbishment/renovation.

Internally the double glazed, gas centrally heated living accommodation consists of entrance hall with staircase to first floor, lounge with bay window, dining kitchen with rear lobby, coal shed and separate wc. To the first floor there are three bedrooms and a family bathroom. Outside to the front there is off road parking and to the rear a good sized enclosed garden with boundary hedge and backing onto an open field. In our opinion there is potential for an extension subject to the usual planning consents.

Alfrerton town centre is situated within a short drive and offers a superb range of amenities and the nearby A38 provides swift access onto the M1 motorway and the city of Derby. Excellent freehold residential investment opportunity.

Entrance Hall 15'8" x 6'7"

Entered by door to front, central heating radiator, staircase and pantry with an obscure double glazed window.

Front Sitting Room 13'5" into bay x 12' into chimney recess

With bay double glazed window to the front elevation, open fireplace and central heating radiator.

Dining Kitchen 11'9" into chimney recess x 12'

With double glazed window to the rear elevation. The kitchen consists of a stainless steel sink and drainer with preparation surface, cupboards, open fire with tiled surround, Delph rail and central heating radiator.

Rear Lobby

With an obscure glazed door to the rear.

Coal Shed 4'6" x 6'10"

Please note this is an L-shaped room with latch door.

Guest Cloakroom

With obscure double glazed window to the rear elevation. Affording a high flush wc with latch door.

First Floor Landing

With double glazed window to the side elevation.

Bedroom One 12' x 11'8

With double glazed window and central heating radiator.

Bedroom Two 11'11" x 11'9"

With double glazed window to the rear elevation with far reaching views and central heating radiator.

Bedroom Three 6'10" x 6'6"

With double glazed window to the front elevation.

Family Bathroom

With double glazed window to the rear elevation. Fitted with a three piece suite comprising panelled bath with shower unit over, low level wc, pedestal wash hand basin, tiling to walls, built in cupboard central heating radiator.

Outside

The property is set back from the road with a small fore garden and adjacent tarmacadam driveway. There is pedestrian access leading to a good sized enclosed garden which is mainly lawned with pathway, tall boundary hedges and offering a certain degree of privacy. There are also a number of timber sheds. In our opinion there is potential for an extension (stpc).

Occupancy

Vacant.

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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