fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

244 Cotmanhay Road, Ilkeston DE7 8PB

Lot no: 37 Sold at Auction for £81,000
 

Guide Price £69,000+ 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 23rd February 2023

10.00am
Key Features
  • Two double bedroom semi detached period property
  • Two reception rooms and fitted kitchen and bathroom
  • Strategically placed for the cities of Derby and Nottingham
  • Offered with immediate vacant possession
  • EPC Rating: D
  • Council Tax Band: A
Add to favourites
Sold at Auction for £81,000

Semi-detached house

Property Description:

Potential residential investment opportunity.

Offered for sale with immediate vacant possession, is this two double bedroom and loft room semi detached period property with accommodation arranged over three floors with significant potential to convert to a HMO style property subject to the usual planning consents. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Internally, the property offers neutral decor throughout with added benefit of being uPVC double glazed, gas centrally heated and consist of front sitting room, separate dining room and fitted kitchen. To the first floor landing, there are two double bedrooms, bathroom suite in white and staircase which leads to the loft room. Outside, there is pedestrian access to the side leads to a generous sized enclosed garden.

The property is situated in the context of an established residential location with excellent road network connections and amenities within close proximity. The historic town of Ilkeston is well positioned for the M1 Motorway and the cities of Derby and Nottingham.

Side Lobby
Bedroom One - 12ft11 x 11ft5
Bedroom Two - 12ft4 x 12ft5
Bathroom
Second Floor:
Loft - 13ft x 10ft5
Outside:
Rear Garden
Note:

We have been advised there are no building regulations for loft conversion. Prospective buyers are advised to make all necessary independent enquiries prior to 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 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.