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14 Rockhouse Road, Alvaston, Derby DE24 0GD

Lot no: 3 Sold at Auction for £138,000
 

Guide Price £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
  • Rendered double fronted detached bungalow
  • Scheme of improvement and upgrading required
  • Two genuine double bedrooms both with bay windows
  • Potential to extend subject to obtaining the usual planning consents
  • Concrete patterned driveway and good sized enclosed garden to the rear
  • Situated in the context of an established and popular residential location
  • Superb freehold residential investment opportunity
  • Offered with vacant possession
  • EPC Rating: E
  • Council Tax Band: B
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Sold at Auction for £138,000

Detached bungalow

Property Description:

***SUPERB FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY***

An excellent opportunity to acquire a rendered two double bedroomed detached bungalow situated in the context of an established and popular residential location, requiring a scheme of improvement and upgrading.

The property sits on a deep plot and offers significant potential to extend subject to obtaining the usual planning consents.

Internally the uPVC double glazed living accommodation consists of entrance hall, rear sitting room with patio doors, fitted kitchen with built-in-appliances, pantry, two double bedrooms with bay windows and wet room. Outside to the front there is a concrete patterned driveway and a good sized enclosed garden to the rear in need of attention.

L-Shaped Entrance Hall

13ft 7 x 6ft 2

Rear Sitting Room

14ft 7 x 12ft 9

Kitchen

10ft x 9ft 4

Pantry

4ft 6 x 2ft 3

Bedroom One

14ft 1 into bay x 11ft

Bedroom Two

12ft 8 x 10ft 1

Wet Room

7ft x 4ft 6

Note

The property sits on a deep plot and offers significant potential to extend 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

To the front there is concrete patterned driveway and a good sized enclosed garden to the rear in need of attention.

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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