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8 Bank Cottages, Uttoxeter Road, Mickleover, Derby DE3 0DA

Lot no: 11 Sold at Auction for £177,000
 

Guide Price £95,000+ 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 24th February 2022

10.00am
Key Features
  • Charming two double bedroomed end-terraced cottage
  • In need of some refurbishments and improvements
  • Single storey extension to the rear
  • EPC Rating: D
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Sold at Auction for £177,000

End of terrace house

Property Description:

Set nicely back from the road on an elevated position is a charming and extended two double bedroomed end-terraced cottage situated within literally yards of local shopping parades.

Internally the accommodation has the benefit of gas central heating and in brief comprises front sitting room, inner lobby with staircase to first floor, separate dining room with opening through to a kitchen with a small utility/pantry. To the first floor landing there are two genuine double bedrooms and a bathroom. To the front of the property there is a stone built retaining wall with a neat fore garden and pedestrian access to the rear leading to a low maintenance garden with hardstanding space ideal for a small vehicle. Please note there is a right of way located to the rear of the properties from off Vicarage Road - please see legal pack.

Mickleover is an exceedingly sought after residential location offering an excellent range of amenities, a wide range of independent shops, supermarkets, public houses, restaurants, recreational facilities, primary and secondary schools. There are also superb road network connections providing swift access onto the Royal Derby Hospital, the City centre and the nearby A38. Excellent freehold residential investment opportunity.

Front Sitting Room 12ft into chimney recess x 11ft 3

A light and spacious room with multi paned windows to the front and side elevations, the focal point of the room is the electric fire with a Cornish slate hearth with wood mantle over, moulded coving to ceiling with ornamental rose, television aerial lead and central heating radiator.

Inner Lobby

With staircase to first floor.

Separate Dining Room 15ft 4 under the stairs reducing to 12ft 3 x 12ft into chimney recess

With a bow multi paned window to the side elevation, a gas fire incorporates a coal living flame effect with a brick surround with stone hearth, central heating radiator and opening through to a spacious breakfast kitchen room.

Breakfast Kitchen Room 11ft 9 x 10ft 4

With uPVC double glazed window to the rear elevation and PVC door to the side. The fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling, cooker point and central heating radiator.

Pantry/Small Utility Room 5ft x 2ft 5

With small window, wall mounted cupboard, wall mounted combination boiler and plumbing for automatic washing machine.

First Floor Passaged Landing

Leading to -

Bedroom One 12ft 2 into chimney recess x 11ft 2

With multi paned window to the front elevation, stripped panelled door and central heating radiator.

Bedroom Two 12ft 2 into chimney recess x 12ft 5

With a multi paned window to the rear elevation, built in wardrobe with louvre doors, stripped panelled door and central heating radiator.

Bathroom 10ft 5 x 6ft 5

With obscure glazed window to the side elevation. Fitted with a three piece suite comprising a panelled bath with low level wc, pedestal wash hand basin, tiling to walls, airing cupboard, central heating radiator and stripped panelled door.

Outside

The property is set well back from the road on a elevated plot behind a stone built retaining wall with fore garden, flower beds and boundary hedge. There is a cobbled area located to the side of the front garden with gated access between numbers 4 and 6 Bank Cottages where we are informed by the seller there is a right of way which leads to the rear of the property. The property itself has its own pedestrian access with timber gate which in turn also leads to the rear of the property where there is a slabbed patio area, steps leading to a slightly raised lawned garden with hardstanding to the rear ideal for a small vehicle and a further parcel of land with conifers.

Note

We are informed by the sellers that there is a right of way located to the rear of the neighbouring properties from off Vicarage Road. Please see legal pack when available for verification on this.

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 15 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.