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29 Provident Street, Derby DE23 6WS

Lot no: 2 Sold at Auction for £106,000
 

Guide Price £55,000+ 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 27th April 2023

10.00am
Key Features
  • Two double bedroomed mid-terraced property
  • UPVC double glazed and gas centrally heated
  • Minor scheme of improvements required
  • Passaged landing and potential for loft conversion subject to planning consent
  • Part of the first floor accommodation over the shared passageway
  • Excellent freehold residential investment opportunity
  • Fitted kitchen and bathroom
  • Two well proportioned reception rooms
  • EPC Rating: D
  • Council Tax band: A
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Sold at Auction for £106,000

Terraced House

Property Description:

Freehold residential investment opportunity.

Enjoying an established and popular residential location is a two double bedroomed mid-terraced property requiring a minor scheme of improvements.

Internally the uPVC double glazed and gas centrally living accommodation consist of lounge, inner lobby, separate dining room and fitted kitchen. To the first floor the passaged landing leads to genuine two double bedrooms (formed part over the shared passaged way) and bathroom. Please note in our opinion there is scope for a loft conversion subject to obtaining the usual planning consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding. Outside there is a gated shared passageway leading to an enclosed pretty rear garden.

The property is located a short walk off Burton Road and and the city centre is located within a short commute.

Lounge

12ft 10 into chimney recess x 11ft 1

Inner Lobby

With staircase.

Separate Dining Room

12ft 10 into chimney recess x 11ft 3

Kitchen

10ft 7ft 5

First Floor Passaged Landing

Leading to -

Bedroom One

16ft 3 into chimney recess x 11ft

Bedroom Two

10ft 11 x 9ft 5

Bathroom

10ft x 7ft 5

Outside

Outside there is a gated shared passageway leading to an enclosed pretty rear 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 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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