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26 Bendall Green, Littleover, Derby DE23 2PJ

Lot no: 100 Sold at Auction for £128,000
 

Guide Price £69,000- £85,000 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 25th May 2023

10.00am
Key Features
  • Three bedroom end-town house
  • Property has been renovated to a high standard by the current landlord
  • Investment property
  • Current income of £8,400 per annum, rising in June to £9,000 per annum
  • Yield against the guide price of 12% and rising to 13% from June
  • Buy-to-let opportunity
  • EPC Rating: D
  • Council Tax Band: A
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Sold at Auction for £128,000

End of terrace house

Property Description:

An excellent investment property with a current income of £8,400 per annum and rising to £9,000 per annum from June 2023.

A three bedroomed property which has been renovated to an good standard by the current landlord. So if you are looking for a quality investment to start or add to your buy-to-let portfolio, you definitely need to take a closer look at 26 Bendall Green.

The property boasts a current yield against the guide price of 12% and rising from June to 13%. So definitely well worth registering to bid in our May 25th auction.

Entrance Hall

Entered by door to front and staircase to first floor.

Lounge 12ft 2 x 12ft 7 into chimney recess

With window to front and opening through to dining room.

Dining Room 8ft 5 x 9ft 11

With window to rear.

Kitchen 8ft 5 x 9ft

With plumbing for washing machine and door leading out onto the garden.

First Floor Landing

With window to side.

Bedroom One 11ft x 11ft9

With two windows to front elevation, airing cupboard and television aerial lead.

Bedroom Two 10ft 7 x 9ft 1

With window to rear.

Bedroom Three 8ft 8 x 8ft

With window to front.

Bathroom

With window to rear elevation. Comprising a panelled bath with Mira shower unit over and wall mounted wash hand basin.

Separate wc

Affording a high flush wc with window to side.

Outside

The property is set back from the road behind a low maintenance fore-garden with an adjacent driveway. There is timber gates to the sides providing access to the low maintenance rear garden enjoying a south-westerly aspect.

Directions

Proceeding out of Derby city centre along Burton Road (A5250) continue straight on into Littleover village centre, eventually left onto Old Hall Road which continues in The Hollow, then onto Blagreaves Lane. After approximately half a mile take a turning right onto Oaklands Avenue, bear right onto Swarkestone Drive, right onto Bendall Green follow the road round and the property will be situated on the right hand side as clearly denoted by our auction for sale board.

Viewing information

Please be advised that there is no access available for this property because the property is tenanted. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Please Note

We believe this property to be of non-standard construction. Buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.



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.