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11 Campion Street, Derby, Derbyshire DE22 3EH

Lot no: 8 Sold at Auction for £132,000
 

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
  • Three double bedroomed mid-terraced property
  • Retains a wealth of character and charm throughout
  • Potential to convert into a HMO style property subject to usual planning consents
  • Scheme of improvement and upgrading
  • Passaged entrance hallway and landing
  • Potential to convert loft subject to usual planning consents
  • Popular letting location close to city centre and university
  • Offered with immediate vacant possession
  • EPC Rating: D
  • Council Tax Band: A
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Sold at Auction for £132,000

Terraced House

Property Description:

Enjoying a popular letting location close to the city centre and university, is a substantial three double bedroomed mid-terraced property which lends itself to conversion to a HMO style property subject to obtaining the necessary planning consents.

The property retains some original features including Minton tiled flooring, moulded coving and requires a degree of modernisation and improvement throughout. A recommended internal inspection will reveal entrance vestibule, L-shaped passaged hallway with Minton tiled floor covering, door to cellar, staircase to first floor, front dining room, spacious rear sitting room, fitted kitchen and bathroom. To the first floor the L-shaped landing leads to three double bedrooms and potential for loft conversion subject to the usual planning consents. Outside to the rear there is an enclosed garden.

The property is situated in an established residential location, conveniently positioned for the fashionable Friar Gate area of Derby, Markeaton Park and the A38 which provides swift access onto the A50, Toyota and further regional business centres.

Offered with immediate vacant possession.

Entrance Vestibule

Leading into -

Entrance Passaged Hallway

L-shaped 12ft 7 x 12ft

Front Dining Room

11ft 6 into chimney recess x 11ft 4

Spacious Rear Sitting Room

15ft into chimney recess x 12ft

Kitchen

13ft 4 x 7ft 4

Family Bathroom

9ft 2 x 7ft 4

First Floor L-Shaped Passaged Landing

17ft 10 x 14ft 10

Bedroom One

15ft into chimney recess x 11ft 6

Bedroom Two

11ft 10 into chimney recess x 12ft 1

Bedroom Three

13ft 9 x 7ft 6

Outside

To the rear there is enclosed garden with yard/patio.

Note

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 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.