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10 Industrial Street, Derby DE23 6WU

Lot no: 58 Sold at Auction for £105,000
 

Guide Price £85,000+ 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
  • Recently improved two double bedroomed mid-terraced property
  • Two generous sized reception rooms and refitted kitchen
  • Part of the first floor accommodation over the shared passageway
  • Offered for sale at an attractive guide price and immediate vacant possession
  • Excellent buy-to-let residential investment opportunity
  • Shared Alley Way Access
  • EPC Rating: D
  • Council Tax Band: A
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Sold at Auction for £105,000

Terraced House

Property Description:

RESIDENTIAL INVESTMENT OPPORTUNITY

Situated within literally yards of local shops and amenities is a recently improved two double bedroomed mid-terraced property being offered for sale with immediate vacant possession along with an attractive guide price.

Internally the property offers neutral decor with uPVC double glazing, gas central heating and in brief comprises lounge, inner lobby, separate dining room with enclosed stair case to first floor and refitted kitchen. To the first floor, part of the accommodation forms over the shared passageway and provides slightly larger living space with passaged landing, two double bedrooms and bathroom with suite in white. Outside to the rear there is an enclosed low maintenance yard.

The property occupies a strong letting location, always a popular choice with investors/landlords and first time buyers.

The vendor has informed us the property benefits from full external insulation.

Lounge

12ft 3 x 11ft 9 into chimney recess

Inner lobby

With access to -

Dining Room

12ft 10 x 11ft 8 into chimney recess

Refitted Kitchen

8ft 5 x 6ft 4

First Floor Passaged Landing

Leading to -

Bedroom One

13ft 7 into chimney recess x 12ft 3

Bedroom Two

12ft 4 x 10ft 4

Bathroom

8ft 6 x 6ft 3

Outside

To the side there is a shared passageway leading to an enclosed low maintenance rear yard.

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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