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18 Dashwood Street, Derby DE23 6SU

Lot no: 3 Sold at Auction for £81,000
 

Guide Price £45,000+ 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 28th April 2022

10.00am
Key Features
  • A substantial two double bedroomed terraced property
  • Full renovation required
  • Situated within literally yards of Normanton shopping centre
  • Superb freehold residential investment opportunity
  • EPC Rating: F
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Sold at Auction for £81,000

Terraced House

Property Description:

DRAFT DETAILS

In need of full renovation is an attractive and substantial two double bedroomed mid-terraced property situated within literally yards of Normanton shopping centre.

The part double glazed character accommodation in brief comprises a side entrance hall with access to the rear garden and leading to the entrance hall of the property with door to cellar, two reception rooms and a kitchen. To the first floor landing there are two genuine double bedrooms, bathroom and potential for loft conversion subject to usual planning consents.

The property may also lend itself to a small HMO property subject to obtaining the usual planning consents and building regulations.

The property occupies an established and highly convenient residential location situated within literally yards of Normanton shopping centre and also within easy reach of the Derbion shopping centre and the city centre. Superb freehold investment opportunity.

Side Entrance Hallway

With door to front and rear and with moulded coving.

Entrance Hall to the Main Property

With door to cellar.

Lounge 11ft into chimney recess x 11ft

With uPVC double glazed window to the front elevation, moulded coving to ceiling with Delph rail and ornamental ceiling rose.

Separate Dining Room 12ft 2 x 11ft into chimney recess

With window to rear and enclosed staircase to first floor.

Kitchen 9ft 8 x 6ft 1

With uPVC double glazed window to the side elevation. The fitted kitchen comprises wall mounted cupboard with base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling, cooker point.

First Floor Landing

Leading to -

Bedroom One 14ft 8 into chimney recess x 11ft

With uPVC double glazed window to the front elevation.

Bedroom Two 14ft 1 into chimney recess x 12ft 2

With ??? window to the rear elevation.

Bathroom 11ft 2 x 6ft 1

With window to rear comprising a panelled bath, low level wc, pedestal wash hand basin and built in airing cupboard.

Outside

To the rear there is an enclosed overgrown garden in need of attention.

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.

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