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40 Ladywood Road, Ilkeston DE7 4NE

Lot no: 89 Sold at Auction for £140,000
 

Guide Price £89,500+ 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 27th April 2023

10.00am
Key Features
  • Detached Bungalow
  • Three Bedrooms
  • Renovation Project
  • Opportunity to add value
  • Popular Residential Location
  • EPC Rating: E
  • Council Tax Band: C
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Sold at Auction for £140,000

Detached bungalow

Property Description:

A detached bungalow requiring modernisation. The property has three bedrooms, a very spacious lounge and a kitchen/diner just waiting to be renovated. The property is very well located with easy access to Ilkeston centre and the city centre of Derby.

Viewings are available and for those of you unable to view please click on the virtual tour to watch a walkthrough video with commentary.

Accommodation
Entrance Hall

4.94m x 1.02m

Lounge

4.16m x 5.84m

Dining Kitchen

3.94m x 3.64m

Bedroom One

4.02m x 3.1m

Bedroom Two

2.56 x 3.10m

Bedroom Three

2.59m x 2.26m

Bathroom

2.04m x 1.67m

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.
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