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109 Brighton Road, Alvaston, Derby DE24 8SZ

Lot no: 17 Sold at Auction for £100,000
 

Guide Price £90,000+ 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 25th August 2022

10.00am
Key Features
  • Spacious mid-terraced property
  • In need of full refurbishment
  • Potential to convert to HMO (subject to planning permission)
  • Conveniently located
  • EPC Rating: E
  • Council Tax Band: A
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Sold at Auction for £100,000

Terraced House

Property Description:

DRAFT DETAILS - AWAITING APPROVAL

A spacious mid-terraced property in need of full refurbishment due to fire damage but offering excellent potential to convert to a HMO property, subject to obtaining the appropriate planning consent. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

The property benefits from uPVC double glazing, gas central heating and is located close to local shops and public transport routes within Alvaston.

In the current layout the property briefly comprises to the ground floor an entrance hall, open plan lounge, dining room, a further third reception room, ground floor cloakroom with wc and a 15ft lean-to leading to the garden. From the hallway there can be found a staircase leading from the front of the property to the first floor landing, two spacious bedrooms, the kitchen and a bathroom.

Brighton Road is conveniently located close to local shops, well regarded schools and amenities. The property also benefits from excellent road links with the A6 and A52 road networks, leading to the M1 motorway. Internal viewings are highly recommended to fully appreciate the potential on offer.

Entrance Hall

Giving access to -

Front Living Room

12ft 1 x 11ft 9

Rear Living Room

12ft 9 x 12ft 1

Dining Room

15ft 6 x 10'3

WC/Utility Room

7ft x 4ft 1

First Floor Landing

Leading to -

Kitchen

10ft 8 x 12ft 5

Bedroom One

12ft 1 x 15ft 3

Bedroom Two 13.0 x 9.5

13ft x 9ft 5

Bathroom

5ft 4 x 7ft 4

Please Note:

Please be advised that whilst our partner agent has conducted an inspection,] the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



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 Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


Guide Price & Reserve Price

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.