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43 Outram Street, Ripley DE5 3LF

Lot no: 75 Withdrawn Post
 

Guide Price £85,000 - £105,000 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 24th November 2022

10.00am
Key Features
  • A freehold two bedroom property
  • In need of renovation
  • Close proximity to amenities
  • Popular Residential Location
  • Lounge / Diner
  • EPC Rating: D
  • Council Tax Band: A
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Withdrawn Post

Terraced House

Property Description:

A freehold two bedroom terraced house requiring renovation.

A traditional terraced property situated in a popular location close to the centre of Ripley.
Well placed for local amenities with transport links and access to the A38, A610, and M1 motorway. Derby, Nottingham and The Peak District are all within an hours drive away.

The property briefly comprises entrance hallway, large reception/dining room, kitchen leading into rear garden, two double bedrooms, an upstairs family bathroom, a front and a rear garden.

After renovation, the property may be suitable as a family home or as a buy to let investment opportunity subject to any restrictions contained within the title with an estimated rental value of £650 per calendar month or £7,800 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Lounge / Diner 7.11m x 4.01m max

With windows to the front and rear aspects, understairs cupboard, two radiators and doors to stairs and kitchen.

Kitchen 3.76m x 2.74m

With basic units, sink, appliance spaces, door to side and window to rear.

Hallway

With stairs leading to the first floor.

Landing

With doors to the two bedrooms and bathroom.

Bedroom One 3.66m x 3.35m

With over stairs cupboard and window to the front aspect.

Bedroom Two 3.78m x 3.23m

With window to the rear aspect.

Bathroom

With low flush w.c. wash hand basin and panel bath. Window to the rear aspect.

Outside

To the front is a walled garden with path to front door. As side passage leads to the rear. A pleasant and good size rear garden with patio area and stocked flower beds.

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 Fixed 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

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.
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