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575 Osmaston Road, Derby DE24 8NE

Lot no: 1 Sold at Auction for £130,000
 

Guide Price £75,000+ 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 30th March 2023

10.00am
Key Features
  • Traditionally built two bedroom semi detached house.
  • Set back from the road on a good sized plot.
  • Scheme of improvement and upgrading.
  • Mostly uPVC double glazed and gas centrally heated.
  • Conveniently positioned for the city centre and Pride Park.
  • Potential to extend subject to obtaining the usual planning consents.
  • Offered for sale with immediate vacant possession.
  • Excellent residential investment opportunity.
  • EPC Rating: D
  • Council Tax Band: A
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Sold at Auction for £130,000

Semi-detached house

Property Description:

Excellent residential investment opportunity.

Set back from the road on good sized plot is a traditionally built two bedroom semi detached property, requiring some improvements, occupying a popular residential being conveniently positioned for Pride Park and the city centre.

Internally the property has the benefit of being mostly double glazed and gas centrally heated and in brief comprises, side entrance hall, front sitting room, separate dining room, rear lean-too with wc and kitchen. To the first floor landing there are two well proportioned bedrooms. Outside to the front there is a driveway leading to a single detached garage and an established garden in need of attention.

The property is offered for sale at a very attractive guide price and with the added benefit of immediate vacant possession.

Side entrance hall

6ft 2 x 5ft 3

Front sitting room

14ft 9 into chimney recess x 11ft 8 into bay

Separate dining room

11ft 1 x9ft 9

Lean-too

6ft x 6ft 3

Integral wc

5ft 6 x 3ft 1

Kitchen

11ft 10 x 4ft 10

First floor landing

L-shaped 6ft 5 x 6ft

Bedroom one

14ft 8 into chimney recess x 12ft 1 into bay

Bedroom two

11ft 8 x 8 ft

Bathroom

8ft 7 max x 6ft 5

Outside

Outside to the front there is a driveway leading to a single detached garage and an established garden in need of attention. In our opinion there is potential to extend subject to obtaining the usual planning consents.

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 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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