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18 Thackeray Street, Sinfin, Derby DE24 9GX

Lot no: 9 Sold at Auction for £98,000
 

Guide Price £65,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 29th July 2021

10.00am
Key Features
  • Three bedroomed end town house in need of refurbishment
  • Mature three bedroomed end-town house
  • Driveway and garage
  • Scheme of improvement and upgrading required
  • Established and convenient location
  • Excellent freehold investment opportunity
  • EPC Rating: G
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Sold at Auction for £98,000

End of terrace house

Property Description:

DRAFT DETAILS

Situated in the context of an established residential location is a mature three bedroomed end town house requiring a scheme of improvement and upgrading. Internally the living accommodation consists of entrance hall with guest cloakroom, separate shower room, full depth lounge diner and a fitted breakfast kitchen room with access to the adjoining garage. To the first floor landing there are three well proportioned bedrooms. Outside to the front the property is set nicely back from the road with a neat fore garden, adjacent driveway with decorative wrought iron gates leading to the single attached garage. To the rear there is a pleasant enclosed easy to manage garden.

The property occupies an established and convenient residential location conveniently positioned for Forester Retail Park, Derbys inner ringroad and local amenities. Excellent freehold investment opportunity.

Entrance Hall

Entered by door to front, staircase to first floor.

Guest Cloakroom

With low level wc, wall mounted wash hand basin.

Shower Room 5ft10 x 4ft 3

With window to front, shower cubicle with Triton shower unit over and glazed shower screen.

Full Depth Lounge through Diner 15ft x 10ft

With window to front and rear.

Breakfast Kitchen Room 11ft x 10ft

Window to rear, internal door leading through to the garage. Fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface, sink and drainer with splashback tiling, cooker point and plumbing for washing machine.

First Floor Landing

Giving access to -

Bedroom One 15ft x 9ft 10

With window to front and rear and airing cupboard.

Bedroom Two 11ft x 10ft 1

With window to rear.

Bedroom Three 10ft6 x 6ft 6

With window to front and recessed wardrobes.

Outside

The property is set nicely back from the road with a neat fore garden with privet hedge. Adjacent driveway with decorative wrought iron gate and a single attached garage with up and over door measuring 19ft 10 x 9ft 10 with power and lighting and door leading out onto the garden. To the rear there is a pleasant enclosed garden with mature boundary. Please note there is potential for an extension (stpc).

Tenure:

Freehold. Vacant possession upon completion.


Viewings:
To book a viewing, please contact SDL Property Auctions to arrange.

Auction Method:
The auction for this property will take place as an "Auction Event" behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely please see the below section on "Registration Process". The auction can be watched in real-time on the auction date through SDL Property Auctions' website on their home page.
The auction date applicable for the property is displayed underneath the property description. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers Terms (England & Wales) which are available on SDL Property Auctions website.

Auction type - Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

Auction Fees
The following non-refundable fees apply:
Buyer's Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee does not contribute to the purchase price.
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 Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Property Auctions, and will be in addition to any fees payable to us. SDL Property Auctions has limited control over the content of the Special Conditions of Sale.

Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on SDL Property Auctions website by searching for the property. On the property details page there is a sub-heading "Legal Packs". Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, visit the SDL Property Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.