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61 Oxford Street, Church Gresley, Swadlincote, Derbyshire DE11 9NB

Lot no: 29 Re-entry to a future auction
 

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.

Tuesday 20th December 2022

10.00am
Key Features
  • Terraced house
  • 2/3 bedrooms
  • Good sized garden
  • Close proximity to amenities
  • EPC Rating: G
  • Council Tax Band: A
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Re-entry to a future auction

Terraced House

Property Description:

DRAFT DETAILS

A traditional 2/3 bedroom terraced property situated in a popular and convenient location.

Well placed for a good range of local amenities including schools, shops and parks and having excellent transport links.

An ideal first time buy or potential buy to let investment opportunity. Estimated rental value of £625 per calendar month/£7,500 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Lounge/Diner 6.41m x 3.65m max

With open grate fireplace, understairs cupboard, radiator, stairs to first floor and windows to both front and rear aspects.

Kitchen 2.50m x 2.17m

With base and wall units, sink, built in oven and hob, work surfaces and both window and door to side aspect.

Rear Lobby

With window to side aspect.

Bathroom

With low flush w.c. wash hand basin and panel bath with electric shower over. Radiator and window to side aspect.

Landing
Bedroom One 3.41m x 2.63m

With over stairs cupboard space, radiator and window to front.

Bedroom Two 2.87m x 2.07m

The two rear bedrooms were originally one bedroom which has now been split into two. Having window to rear aspect.

Bedroom Three 2.85m x 2.07m

With airing cupboard, radiator and window to rear aspect.

Outside

The property has a small front garden. Side alley leads to a good size rear garden with store, patio, lawns and shed.

Draft Sales Details

These sales details are awaiting vendor approval.

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.