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8 Cedar Street, Derby DE22 1GD

Lot no: 7 Sold at Auction for £139,000
 

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 23rd February 2023

10.00am
Key Features
  • Two/three bedroomed mid-terraced property
  • Located just off the popular tree lined Broadway road
  • Conveniently positioned for Derby University and the city centre
  • Full scheme of improvement and upgrading required
  • UPVC double glazed and mostly gas centrally heated (combination boiler)
  • Potential for loft conversion subject to obtaining the usual planning consents
  • Very popular location being well positioned for Markeaton Park and the A38
  • Offered with immediate vacant possession
  • EPC Rating: E
  • Council Tax Band: A
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Sold at Auction for £139,000

Terraced House

Property Description:

Located just off the the popular tree-lined Broadway road, conveniently positioned for Derby University and the city centre, is two/three bedroomed mid-terraced property requiring a full scheme of improvement and upgrading.

The property is UPVC double glazed and mostly gas centrally heated and in brief comprises front sitting room, inner lobby, separate dining room, fitted kitchen, rear lobby and bathroom. To the first floor there are two/three bedrooms and potential for loft conversion, subject to obtaining the usual planning consents. Outside to the side elevation of the property there is a gated secure shared passage way that leads to an established good sized enclosed rear garden.

The property is offered with immediate vacant possession and occupies a very popular location being particularly well located for Markeaton Park and the A38.

Front Sitting Room

11ft 7 into chimney recess x 11ft 7

Inner Lobby

Leading to -

Separate Dining Room

12ft 5 x 11ft 3

Kitchen

10ft x 6ft 8

Rear Lobby

Leading to -

Bathroom

6ft 4 x 5ft 6

First Floor

Comprising -

Bedroom One (Front)

15ft 1 into wardrobe x 11ft 5

Bedroom Two (Rear)

12ft 4 x 11ft3 into chimney recess. Access through to -

Bedroom Three/Study

10ft x 6ft 5

Outside

Shared gated passageway to the side leads to an established good sized enclosed garden.

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.
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